Xai Foundation has formed several noteworthy partnerships, including an alliance with Gauntlet to improve governance and treasury management, and an exclusive Web3 game collaboration with Peeking Duck Studios. There have also been significant token unlocks involving various cryptocurrencies including
XAI, influencing market dynamics. Future projections for XAI are optimistic, with a major valuation increase suggested by
Elon Musk. Musk's company
xAI successfully raised $6 billion at a $24 billion valuation, aiming to compete with notable AI firms such as OpenAI and ChatGPT. In addition to the financial advancements, XAI is breaking new ground in the AI sector, launching its JARVIS-inspired AI assistant
Grok-2, with open-source project plans in progress. Large-scale investments have been made, from Musk's consideration of a major Tesla funding round into xAI to ARK Invest's $60 million commitment. However, this has led to a lawsuit from Tesla investors, citing the diversion of resources and talent to xAI as a concern. Meanwhile, the cryptocurrency market is anticipating significant token unlocks and assessing the potential impact on several crypto prices, such as XAI, IMX, and APT. Bithumb's listing of XAI led to an 8% price increase while CoinMarketCap reported the gaming token Xai as a trending asset.
XAI Coin News Analytics from Fri, 03 Nov 2023 07:00:00 GMT to Wed, 21 Aug 2024 16:02:52 GMT -
Rating 7
- Innovation 5
- Information 7
- Rumor 2
