xAI expects $13 billion losses in 2025 with just $500 million revenue
Bloomberg reports that Elon Musk's AI startup xAI is currently burning through about $1 billion every month.<br /> The article xAI expects $13 billion losses in 2025 with just $500 million revenue appeared first on THE DECODER. [...]
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xAI launches Grok 4.3 at an aggressively low price and a new, fast, powerful voice cloning suite
While Elon Musk faces off against his former colleague and OpenAI co-founder Sam Altman in court, Musk's rival firm xAI, founded to take on OpenAI, isn't slowing down on launching competitiv [...]
Grok 4.1 Fast's compelling dev access and Agent Tools API overshadowed by Musk glazing
Elon Musk's frontier generative AI startup xAI formally opened developer access to its Grok 4.1 Fast models last night and introduced a new Agent Tools API—but the technical milestones were imm [...]
Anthropic says it hit a $30 billion revenue run rate after 'crazy' 80x growth
Dario Amodei is not the kind of CEO who talks loosely about numbers. The Anthropic co-founder and chief executive, a former VP of research at OpenAI with a PhD in computational neuroscience from Princ [...]
Musk's xAI launches Grok 4.1 with lower hallucination rate on the web and apps — no API access (for now)
In what appeared to be a bid to soak up some of Google's limelight prior to the launch of its new Gemini 3 flagship AI model — now recorded as the most powerful LLM in the world by multiple ind [...]
xAI, Elon Musk's AI company, just purchased X, Elon Musk's social media company
Elon Musk's AI company, xAI, has purchased X, according to a post shared by Musk. Besides their similar names and owner, the companies are already connected through xAI's chatbot Grok, which [...]
Musk's xAI launches Grok Business and Enterprise with compelling vault amid ongoing deepfake controversy
xAI has launched Grok Business and Grok Enterprise, positioning its flagship AI assistant as a secure, team-ready platform for organizational use. These new tiers offer scalable access to Grok’s mos [...]
Microsoft and OpenAI gut their exclusive deal, freeing OpenAI to sell on AWS and Google Cloud
Microsoft and OpenAI on Monday announced a sweeping overhaul of the partnership that has defined the commercial AI era, dismantling key pillars of exclusivity and revenue-sharing that bound the two co [...]