Nevertheless, the deals — and xAI’s developer and consumer-facing products — have driven xAI’s revenue to around $100 million a year. For comparison, Anthropic is reportedly on pace to generate $1 billion in revenue this year, and OpenAI is targeting $4 billion by the end of 2024.
Musk, the owner of car manufacturer Tesla and social media platform X, has been tapped by Trump to lead the proposed Department of Government Efficiency (DOGE), with biotech entrepreneur and former Republican presidential candidate Vivek Ramaswamy, after vocally supporting and financially backing his campaign for president.
A look at the people who influence the world’s richest man, and those who stand to gain from their association with him now.
The GOP House Speaker referenced speculation about his future and the outsized influence Musk appeared to wield this week.
When the billionaire called Rep. Rosa DeLauro an "awful creature," it was a problem. When Elon Musk called for her expulsion, it made the problem worse.
Elon Musk's xAI, the startup behind the Grok chatbot and Colossus supercomputer, raised $6 billion in a Series C funding round.
A story of control and competition unfolds, with the ongoing feud between OpenAI co-founders, Elon Musk and Sam Altman. What's the future of ChatGPT, inside the conflict?
The world’s richest man has become a new kind of oligarch.
Employees of SpaceX have filed a formal petition to create the city of Starbase. Its first mayor would be a security manager for the company.
Elon Musk might be all the rage in Washington these days, but his mom, Maye Musk, is lighting up Beijing—and the other cities she visits across China. The 76-year-old mother of the world’s richest man has been jetting around the People’s Republic of China for years.