
Elon Musk's AI company, xAI, has made significant strides, creating ripples within the AI and blockchain industries. The company has acquired Musk's social media firm X, evaluated to be worth a staggering $33 billion, marking a significant step in reshaping the internet. Additionally, the company has landed a big score by reaching a valuation higher than what Musk paid for Twitter.
Simultaneously, xAI has announced plans to launch an AI game studio, projecting a visionary investment in AI, blockchain, and innovation. It is also vouching for supremacy, launching Grok 3, and claiming it outperforms all AI models in benchmark tests. Along with this, the company is increasing its workforce, anticipating to hire thousands while securing an additional $6 billion in funding to challenge rivals such as OpenAI. Furthermore, it has introduced blockchain rewards to Steam gamers via XAI Play.
Despite potential health concerns over XAI's Colossus Supercomputer, it continues to intrigue investors and secure substantial funding, including a possible $5 billion from Tesla. This venture's progress has resulted in several partnerships and collaborations, including with Nvidia and BlackRock. With Musk at the helm, XAI aims to redefine the landscape of generative AI and revolutionize gaming.
XAI Coin News Analytics from Sat, 25 May 2024 07:00:00 GMT to Tue, 01 Apr 2025 15:04:17 GMT - Rating 7 - Innovation 8 - Information 6