XAI, the artificial intelligence company founded by Elon Musk, has been heavily featured in recent developments. The company faces a cease-and-desist action from the California Attorney General relating to Deepfake issues. A major $40Billion data-center deal was made with Nvidia, Microsoft and BlackRock. Despite a temporary setback in Binance, El Salvador announced it has chosen xAI over Bitcoin for its national AI project. The financing for xAI expanded with the inclusion of
Paimon xAI SPV Token (XAI) and Telegram incorporating its Grok version into the messaging app for a $300Million.
Musk’s xAI also launched
Grok 4 along with Grokipedia to compete with Wikipedia. With an expected $10Billion additional funding, xAI struck a deal with the prediction market company, Kalshi. Controversies include an investigation by the California AG into explicit Grok images and a trade secret theft lawsuit against OpenAI.
TON, another crypto asset, experienced a decline after Musk disputed Telegram’s claims about a multimillion-dollar partnership with xAI.
xAI, under Musk's guidance, is taking ambitious strides in AI and blockchain technologies, including lawsuits, collaborations, and potential mergers. The recent $15 billion fundraising news has driven Tesla stock upwards significantly. The Musk-led xAI also scorned acquisition propositions while pursuing trademark disputes with Ethereum Gaming Network. On the brighter side, the US Government is poised to adopt xAI's Grok 4 Models for its operations until 2027.
XAI Coin News Analytics from Wed, 10 Jan 2024 08:00:00 GMT to Sun, 18 Jan 2026 15:20:00 GMT -
Rating -3
- Innovation 6
- Information 4
- Rumor 2
