Tesla chief’s influence over Donald Trump encourages ChatGPT-maker into patriotic pitch to incoming administration
Facility in Memphis expected to incorporate more than 1mn GPUs as billionaire’s xAI aims to catch up with rivals
Investors hit by losses following billionaire’s takeover of social media platform reap rewards from shares in his AI start-up
Billionaire’s rocket builder plots huge share sale while AI start-up closes in on $5bn funding round
Early discussions include existing backers of artificial intelligence start-up
Latest chatbot ranks in top 5 models, according to independent benchmark sites, and will be available to X subscribers
Social media company’s move to automatically allow user data to train chatbot could breach European privacy rules
Move would see questions resurface over conflicts of interest as EV maker seeks to recast itself as robotics and AI group
Latest round puts it in top tier of artificial intelligence start-ups after barely a year
Talks come as Big Tech seeks tie-ups with Silicon Valley artificial intelligence firms
Billionaire’s artificial intelligence start-up closes in on $6bn funding round as it seeks more financial firepower
Venture capital firm is among investors that entrepreneur is wooing as he seeks to gain ground on rivals
X owner’s generative artificial intelligence company says it has already raised $135mn
Billionaire’s xAI start-up unveils generative AI model in a challenge to Microsoft-backed OpenAI and Google