Elon Musk’s AI start-up xAI reportedly pursued talks with investors for a new round of funding which would value the company at $40 billion, after...

The start-up raised $400 million in a funding round with investments from the likes of Jeff Bezos, Thrive Capital and OpenAI.

Elon Musk's artificial intelligence startup xAI is reportedly engaged in funding talks that could see the company secure a $40 billion valuation.

Global VC investment drops from $95.5 billion to $70.1 billion quarter-over-quarter AI accounts for six of ten largest VC deals globally in Q3'24, led...

Perplexity is one of the search platforms powered by artificial intelligence. Most recently, Perplexity says it has over 100 million searches each...

 Africa’s fastest-growing financial institution, Moniepoint Inc has successfully raised US$110 million in equity financing, to power the dreams of...

Perplexity, one of the companies focusing on artificial intelligence generation, and positioning the company as a provider of search engines powered...

OpenAI, the company behind the generated artificial intelligence service, ChatGPT, is now reportedly collaborating with Broadcom and TSMC in...

Funding enables Mave to accelerate the development of its AI assistant which makes agents more effective and productive by handling their back-end...

The financing efforts follow that of rival OpenAI, which recently closed a funding round that valued it at $157 billion.