Will Elon Musk's xAI Coin Soar or Crash? A Comprehensive Summary of Recent Developments
Elon Musk's xAI venture looks to be a major player in the cryptocurrency market. The company has successfully undergone a private pre-sale...
Elon Musk's XAI (XAI Coin) has been at the center of numerous major developments and discussions in the cryptocurrency market. The company's price has been predicted for 2024, 2025, and all the way to 2030. XAI has been listed on Binance through the 43rd Launchpool Project. It has also been subject to token unlocks, making it a talking point in July when hefty unlocks for tokens like Worldcoin, Arbitrum, and Aptos took place.
The company received a colossal boost as Elon Musk's xAI Colossus went online. Furthermore, Musk's involvement in XAI has sparked an array of discussions, including his denial of a potential AI technology partnership with Tesla and his consideration of a $5 billion Tesla investment in XAI, aimed at seeking the cryptocurrency community's opinion.
Among other developments, the company announced a Private Pre-Sale Event dubbed 'xAI88X' and underwent a significant valuation jump of $24 billion after a $6 billion funding round. It also launched Grok-2, an AI assistant for X, as part of its Augmented relevancy in the sector shaping AI-led solutions.
Considerable controversy has also been observed surrounding Musk, with Tesla investors suing him allegedly for diverting resources and talent to XAI. Musk's transactions involving XAI have been the target of political figures like Senator Elizabeth Warren. Lastly, indications of potential partnerships with Oracle for an AI Supercomputer and Peeking Duck Studios to launch a Web3 game were seen.
XAI Coin News Analytics from Thu, 17 Nov 2022 11:47:20 GMT to Sun, 20 Oct 2024 07:00:00 GMT - Rating 6 - Innovation 8 - Information 7 - Rumor -4
