Elon Musk's AI startup 'xAI' is reportedly attracting incredible investment, surpassing the value paid for Twitter and moving towards a significant valuation of $50 billion. The startup is involved in various fundraising talks to boost its standing further in the market. Analysts have also offered comprehensive price predictions for
XAI Coin going up to 2030, indicating optimistic future prospects. Utility in gaming, private pre-sales events, and partnerships with major companies like Peeking Duck Studios and Oracle are boosting XAI's image. However, controversy surrounds Musk's Tesla company diverting resources to xAI, leading to legal actions by investors. Despite this,
xAI continues to launch new tools like the Grok-2 AI assistant and forges partnerships with companies such as Dell and Binance. These developments continue to lift XAI Coin's price, with some reports noting a 24% increase. However, this growth does not come without risks - token unlocking events and reliance on Tesla revenue could shake the stability. The cancellation of the xAI Oracle deal and the EU watchdog's lawsuit also represent significant barriers.
XAI Coin remains a popular topic in the crypto world, with upcoming listings on Binance and new airdrops. While Elon Musk's involvement draws attention, others like Cathie Wood’s ARK Invest and Elizabeth Warren are also voicing their interests and concerns, reflecting the increasing prominence of XAI Coin in the crypto-sphere.
XAI Coin News Analytics from Thu, 17 Nov 2022 11:47:20 GMT to Thu, 21 Nov 2024 16:39:14 GMT -
Rating 8
- Innovation 7
- Information 7
- Rumor -4
