XAI Coin, Elon Musk's Artificial Intelligence (AI) startup, is gaining momentum and attracting valuable interest. The company is reportedly worth more than what Musk originally paid for Twitter, indicating a significant surge in valuation. Talks are underway for further funding, raising the company's value by $40 billion and with plans in motion to launch an AI game studio.
Among the investors showing interest in
XAI is Nvidia, a major player in the technology sector. The coin's latest funding rounds have braced the company with $6 billion assets to rival the likes of OpenAI. Similarly, a private pre-sale event for
XAI88X has also begun. Cathie Wood's ARK Invest has invested $60 million in the ambitious project, whereas, Tesla contributing to the funding is still under speculation. Despite the increase in demand and value, the
XAI token experienced a significant drop after its debut on Binance.
Other than investment,
XAI is making strides in AI technology, launching Grok-2, an AI assistant. Despite a lawsuit concerning alleged AI data violations, the financial situation is still favorable with a valuation of $40 billion in its new funding round. Still, market experts are cautious as they predict a significant unlock of crypto projects in July. Amid this,
XAI mainnet is giving a jumpstart to Web3 gaming with its growth and Pyth price feed.
XAI Coin News Analytics from Thu, 17 Nov 2022 11:47:20 GMT to Tue, 24 Dec 2024 08:00:00 GMT -
Rating 3
- Innovation 7
- Information 8
- Rumor 1
