Microsoft Corp (NASDAQ: MSFT) is leasing 4.5 gigawatts of computing power from Oracle Corp (NYSE: ORCL) under its Stargate initiative, with OpenAI as a potential customer.

xAI's latest raise will help it compete against rivals OpenAI and Anthropic. XAI, the artificial intelligence startup run by Elon Musk, has raised a combined $10 billion in debt and equity, Morgan ...

In March, xAI acquired X in a deal that valued the site at $33 billion and the AI firm at $80 billion. It's unclear if the new equity raise has changed that valuation.

Now The Information is reporting four more Meta hires from OpenAI: researchers Shengjia Zhao, Jiahui Yu, Shuchao Bi, and Hongyu Ren.

Meta Platforms is seeking to raise $29 billion from private capital firms to build artificial intelligence data centers in the U.S., the Financial Times reported on Friday.

Meta says it’s winning the talent war with OpenAI A Meta exec calls Sam Altman “dishonest,” my conversation with the startup CEO who is suing OpenAI, and AI is coming for games.

Mr. Zuckerberg demoted Meta’s vice president in charge of generative A.I. He then invested $14.3 billion in the start-up Scale AI and hired Alexandr Wang, its 28-year-old founder.

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Sam Altman, OpenAI's CEO and the former president of Y Combinator, has backed nearly 400 startups, including 14 valued over $100 million.