SpaceX is preparing for a massive initial public offering targeting a valuation of $1.75 trillion. The company plans to raise at least $75 ...

OpenAI CEO Sam Altman is expected to take the witness stand today, Tuesday, May 12, in the high-profile legal battle between Elon Musk and ...

A high-stakes trial between AI pioneer Elon Musk and OpenAI, co-founded by Musk, has commenced. Musk alleges the company, now a for-profit ...

SpaceX is exploring a significant move into AI developer tools by securing an option to acquire code-generation startup Cursor for $60 bill...

US-based Glade Brook Capital is in discussions to invest $20-25 million in Sarvam AI's $320-350 million funding round, valuing the AI start...

Sequoia Capital, a major venture capital firm, has secured about $7 billion for a new fund, according to a report by Bloomberg. This signif...

Saudi Arabia is boosting its artificial intelligence ambitions as it seeks to capitalize on the growing ⁠demand for compute capacity and di...

Elon Musk’s AI startup, xAI, said on Tuesday that it has raised $20 billion in fresh funding from participants including Nvidia, exceeding ...

xAI, Elon Musk’s AI firm, is reportedly close to securing $15 billion in new funding at a $230 billion valuation, according to the Wall Str...

Elon Musk's xAI has raised $15 billion in a series E funding round. The AI startup has been ramping up its data center capacity to train mo...

Elon Musk’s xAI is burning $1 billion monthly, with plans to spend $13 billion in 2025 despite limited revenue. To stay afloat, it’s raisin...

Elon Musk’s xAI is seeking $4.3 billion in equity funding, alongside a $5 billion debt sale, amid rising AI development costs. Having raise...

Elon Musk's xAI is seeking $5 billion in debt financing, with Morgan Stanley managing the offering, to fuel its AI infrastructure expansion...

Venture capital firm Gigafund, and Steve Jurvetson are among the backers considering investing in the round, the report said, citing people...

Thanks to the popularity of OpenAI's chatbot ChatGPT, the AI industry has been a rare bright spot in a subdued start-up funding environment.

The company has raised $134.7 million in equity financing from a total offering amount of $1 billion, the filing with the Securities and Ex...

Fundraising for AI remains a bright spot for startups this year, following OpenAI's launch of popular chatbot ChatGPT last year and raising...