Elon Musk's heavy involvement with
xAI, an AI-related crypto project, has caused a significant stir in the crypto world.
Musk revealed his JARVIS-inspired AI assistant named
Grok 2 which is set to arrive in August. The project has seen tremendous growth with a valuation leap to
$24 billion following a
$6 billion funding round. A partnership between
Yaku Corp and
xAI is set to revolutionize Web3 Metaverse Gaming, and xAI has its sights set on toppling
OpenAI by 2024. Announcements such as
xAI's listing onto
Crypto.com and
Bithumb have only fueled further interest in the project. The project's influence is also extending across Europe, with the launch of
Grok AI chatbot in Europe. Alongside these developments,
xAI managed to secure an additional
$1 billion funding following its successful series B funding round. Furthermore,
xAI's price has seen notable increases, jumping 8% and 25% in recent times. However, the recent airdrop and Binance listing have caused a temporary dip in the xAI token's price by 20%. Even with the fluctuating prices,
Cathie Wood’s ARK Invest has demonstrated its faith in the AI project, pouring
$60 million into Musk's AI venture.
XAI Coin News Analytics from Sat, 04 Nov 2023 07:00:00 GMT to Mon, 01 Jul 2024 09:56:53 GMT -
Innovation 9
- Information 8
- Rumor 6
