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↑ Bullish Elon Musk’s XAI Coin Takes Crypto Industry By Storm

Bullish Elon Musk’s XAI Coin Takes Crypto Industry By Storm
XAI Coin, founded by Elon Musk, is making significant strides in the cryptocurrency market. The coin has been hailed as the next colossal thing in crypto, with valuations already hitting a whopping $24 billion. The coin has generated interest from major players, including Tesla, which has been rumored about investing $5B. However, this claim was denied by Musk. The well-known business mogul has even been contemplating building a 'Gigafactory of Compute' for AI seemingly related to XAI.

Amidst this buzz, Musk's AI venture is not without its share of controversies. Lawsuits have sprung up against Musk over XAI regarding alleged AI data violations. A significant concern has been Musk diverting resources for XAI, much to the chagrin of investors.

XAI Coin has also been successful in raising significant funding, with an estimated $6B raised at a recent event. This funding was aimed at rivalling giant players such as ChatGPT. Furthermore, XAI Coin has embarked on key partnerships like partnering with Oracle for an AI supercomputer project, which could significantly boost its presence in the market.

Notably, XAI Coin has also launched the Grok 2 AI assistant and is set to make it open-source, adding another significant milestone in its portfolio. Also, XAI Coin stands to experience significant price hikes, according to numerous predictions for 2024, 2025, and 2030. This will bolster its rites of passage in the crypto industry.

XAI Coin News Analytics from Fri, 21 May 2021 12:26:48 GMT to Tue, 08 Oct 2024 20:20:51 GMT - Rating 7 - Innovation 8 - Information 5 - Rumor -3

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XAI Coin - News Analyzed: 2,296 - Last Week: 100 - Last Month: 399