Elon Musk's new venture
xAI has been on a roll with numerous significant events over the past months. The company is reportedly hiring
crypto experts to push its ambitions further. There is rife speculation that it might soon go public with a combined IPO valuation of $1.25 trillion with
SpaceX. The company has also partnered with big-name investors and businesses such as
BlackRock, Nvidia, Microsoft, SpaceX, and Shayne Coplan's Polymarket.
Furthermore, there's a lot of talk about
Grok, a product of xAI, which is touted as a real-time, truth-seeking rival to Wikipedia. Recently, xAI has announced a $300 million partnership with
Telegram to integrate Grok into its platform. xAI is also reported to be closing a massive $15 billion funding deal.
The company even launched a
Gork-inspired meme coin. On the down side, there have been several co-founder exits and concerns about losses as the startup focuses on the Optimus Robot. According to Elon Musk, xAI is developing faster than its competitors. However, it has escalated a trade secret battle with
OpenAI.
As for the price of the
XAI coin, it's projected possible momentum above the $0.11 mark by 2025 on speculation. Lastly, xAI's recent shareholding announcement has reportedly led to a spike in the price of other AI tokens.
XAI Coin News Analytics from Thu, 17 Nov 2022 11:47:20 GMT to Fri, 20 Feb 2026 18:40:27 GMT -
Rating 7
- Innovation 5
- Information 8
- Rumor 0
