Elon Musk's new company,
xAI, has formed a significant partnership with messaging app
Telegram in a $300 million deal involving the integration of AI tech,
Grok. This collaboration handled a significant surge in
Toncoin's value, stirring the crypto market. Musk aims to raise $20bn with
xAI, making it an appealing prospect for potential investors. Following this, the
xAI Gork price experienced an increase as retail interest intensified - though some predict that a crash may be impending.
xAI's merger with
X has sparked the potential to reshape the internet as we know it. The
GORK meme coin, inspired by Musk himself, caused a stir while tension rose following xAI's acquisition of X and pressure faced by OpenAI. Responding to unauthorized prompt changes, Grok's 'white genocide' rant has led to controversy.
xAI joined forces with industry giants such as
Nvidia,
Microsoft,
BlackRock, and the
MGX AI Fund, expanding its reach and causing values to surge.
X recovery, Musk's upcoming AI-gaming studio, and the victorious integration of
Grok 3 have all solidified xAI's market position. In spite of an engineer's resignation amid AI ranking controversy,
xAI still seeks a $40 billion valuation in the upcoming funding round. Musk's ongoing involvement with
xAI raises doubts about use of Tesla revenue to uplift the fledgling company. While
xAI is making strides in its field, the acquisition of Twitter sparks questions and stirs potential fraud allegations.
XAI Coin News Analytics from Tue, 03 Sep 2024 07:00:00 GMT to Wed, 28 May 2025 17:01:54 GMT -
Rating 7
- Innovation 8
- Information 6
- Rumor -2
