Elon Musk’s artificial intelligence startup xAI is burning through $1 billion a month as the cost of building its advanced AI models races ahead of the limited revenues, according to people briefed on ...

The increase follows several significant analyst upgrades for AMD stock and favorable insights from the company’s Advancing ...

U.S. stock futures are little changed ahead of tomorrow's Juneteenth holiday as investors continue to watch developments in ...

Even before the funds hit the bank, xAI’s plans to spend over half of the new capital in just the next three months underscore the dire financial realities of the AI industry.

The open-source M1 boasts a record-breaking context window and lean training budget, promising enterprise-grade reasoning ...

Chinese artificial intelligence startup MiniMax is known for its realistic generative video model Hailuo. Its LLM for ...

To cover the gap, Musk’s startup is currently trying to raise $9.3 billion in debt and equity, according to people briefed on the deal terms, who asked not to be identified because the information is ...

The company is currently trying to raise US$9.3 billion in debt and equity to cover the gap. Read more at straitstimes.com.

The new app, called Firefly, packages Adobe's own AI model together with models from new partner firms Ideogram, Luma AI, ...

Explore the groundbreaking potential of ChatGPT 5, the AI model rumored to transform decision-making, creativity, and ...

Google launches production-ready Gemini 2.5 Pro and Flash AI models for enterprises while introducing cost-efficient Flash-Lite to challenge OpenAI's market dominance.