
The social media firm, X, owned by Elon Musk, has been bought by Musk's AI company, xAI, resulting in a valuation of $33 billion. This deal merges xAI with X, indicating a total reshaping of the internet on the horizon. xAI raised more than $11 billion in a record time and aims to hire thousands, making it one of the best AI cryptos to consider for purchase. XAI coin is making significant waves in the market, with a notable 34% price up and strong indications of further growth.
Furthermore, xAI plans to revolutionize gaming through AI and blockchain. It recently launched the highly efficient Grok 3 chatbot and transferred X to xAI for a striking $45 billion. xAI fascinatingly merges with X in an all-stock deal valued at $113B. The AI startup has been making groundbreaking strides in AI, blockchain, and innovation, announcing plans to launch an AI gaming studio. It recently secured a staggering $6B funding, with NVIDIA and AMD leading the charge. Additionally, Elon Musk's AI startup, xAI, is reportedly worth more than what Musk paid for Twitter.
Concerns, however, are on the rise with allegations of Musk diverting Tesla's resources to xAI, leading to multiple lawsuits. Despite the controversy, xAI continues to thrive, with its Grok 3 outperforming all AI models in benchmark tests and its token price soaring after Grok 3's launch.
XAI Coin News Analytics from Thu, 17 Nov 2022 11:47:20 GMT to Mon, 21 Apr 2025 13:07:45 GMT - Rating 9 - Innovation 8 - Information 7 - Rumor 4