XAi, Elon Musk’s promising AI venture, has seen a thrilling tide of activities spanning on multiple fronts. Interestingly, hinting towards a bullish trend,
XAi has announced plans for a $20 billion lease-and-buy deal for Nvidia chips.
XAi is assertively seeking a whopping $10B in fresh funding, and Musk eyes an impressive $200B valuation for his initiative.
XAi has revealed plans to launch a gaming affiliate, 'Tiny Sentry Keys', demonstrating innovation and advancement in blockchain gaming. The hiring spree at
XAi indicates ambitious expansion, with the AI startup recruiting Nvidia engineers and domain specialists.
There were swirls of rumors around a potential $300 million partnership between
XAi and Toncoin, which, however, were refuted by Elon Musk. The company also faced legal complications, including a notable trademark dispute with Ethereum Gaming Network Xai.
In a progressive stride,
XAi merged with X, which could potentially reshape internet dynamics, and ex-Morgan Stanley Banker Armstrong has been instated as the
XAi CFO.
Phenomenally, XAi’s 'Grok 4' model is creating waves in the AI world, bearing a testament to
XAi's technical superiority and leadership in large language modeling. Grok's readily available models will empower business users as Oracle aims to bring them on board, demonstrating a strong market viability.
However, the company did face partial bearish sentiments as Elon Musk denied the xAI merger proposal, and shareholders pushed
XAi proposals under scrutiny.
XAI Coin News Analytics from Mon, 06 Nov 2023 08:00:00 GMT to Mon, 27 Oct 2025 07:00:00 GMT -
Rating 6
- Innovation 7
- Information 8
- Rumor 6