Search results for "XAI"

Pro Peter Thiel's Founders Fund will lead a $200 million financing for Polymarket.

According to Jinse Finance reports and market news: Silicon Valley pro Peter Thiel's Founders Fund will lead a $200 million financing round for Polymarket, with $50 million reportedly being previously undisclosed funding. SimilarWeb data shows that in May, Polymarket's website traffic hit a new high, reaching 15.9 million visits, surpassing competitors FanDuel, DraftKings, and Betfair. Recently, Polymarket also partnered with Elon Musk's xAI and is exploring the issuance of tokens.
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Market news: Musk's xAI seeks $4.3 billion in funding

ChainCatcher News: According to market sources, Musk's xAI seeks to raise $4.3 billion through equity financing.
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Market news: Musk's xAI seeks $4.3 billion in financing.

Odaily News According to market news: Elon Musk's xAI seeks to raise $4.3 billion through equity financing.
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xAI announces a partnership with Polymarket to introduce GROK analysis into market predictions.

According to BlockBeats, on June 11, Musk's xAI announced a partnership with the prediction market Polymarket, combining market predictions with X data and GROK analysis. BlockBeats previously reported that on June 6, the social platform X announced a collaboration with Polymarket to become its official prediction market partner.
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Musk: xAI is developing macOS and Windows applications.

Gate News bot message, xAI technician and co-founder Igor Babushkin posted on social media recruiting engineers to collaboratively develop the macOS application for X/Grok. Musk subsequently retweeted, stating that the company is developing macOS and Windows applications and cannot remain solely in the browser forever.
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Elon Musk's xAI launches a $300 million share resale, with a valuation of $113 billion.

PANews June 3 news, according to the Financial Times, Elon Musk's xAI is conducting a $300 million share resale transaction, raising the company's valuation to $113 billion. This transaction allows employees to sell their shares to new investors and may trigger subsequent larger-scale financing rounds. Previously, xAI completed a financing round at a valuation of $45 billion at the end of 2023 and acquired the social platform X (formerly Twitter) in March this year. Musk stated that he will focus on the development of xAI, X, and the key technology deployment of Tesla.
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Musk: There are currently no plans to merge TSL with xAI.

Golden Finance reports that TSL CEO Elon Musk stated that there are currently no plans to merge TSL with xAI. We are experiencing an explosive growth in intelligence.
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Bloomberg: Prediction market Kalshi partners with xAI and hires Donald Trump Jr. as strategic advisor

Odaily News prediction market Kalshi has hired Donald Trump Jr. as its strategic advisor. The company is collaborating with Elon Musk's artificial intelligence company xAI to provide customized information to guide website users' betting. In this partnership, Kalshi will leverage xAI to integrate historical trend news, providing information support to traders to assist their judgment on events such as Federal Reserve interest rate adjustments or election outcomes. (Bloomberg)
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Kalshi teams up with xAI to create a prediction market platform

Kalshi Inc. has appointed Donald Trump Jr. as a strategic advisor and is collaborating with xAI, a company under Musk. Users can place bets on event outcomes on the Kalshi platform by purchasing derivation contracts. xAI will integrate historical trend news to provide information support for traders to assist in judging The Federal Reserve (FED) interest rate adjustments or election outcomes. The CEO of Kalshi believes there is a deep alignment between prediction markets and artificial intelligence, reflecting known information and expanding the boundaries of knowledge. (Source: Bloomberg)
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Musk's $33 billion acquisition of X has triggered a new round of scrutiny from the EU, potentially facing fines.

Gate News bot news, Elon Musk spent 33 billion dollars for the acquisition of social media platform X, a move that has triggered a new round of scrutiny from the EU, with regulators assessing the fine amount under the Digital Services Act.
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Google plans to sever ties with Scale AI

Golden Finance reports that Google plans to sever ties with Scale AI, after Zuckerberg's Meta Platforms invested over $14 billion for a 49% stake in Scale AI. Microsoft and Musk's xAI are also considering withdrawing from Scale AI.
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Musk: xAI has not yet signed a Grok-related protocol with Telegram.

Gate News bot message, Elon Musk recently stated that xAI has not yet signed a distribution protocol for the Grok large language model with Telegram, despite Telegram founder Pavel Duvov announcing this news earlier the same day. Duvov wrote that he and Musk "agreed to a one-year cooperation agreement," which would embed Grok in all Telegram applications and provide the chat platform with "$300 million in cash and equity," as well as half of the subscription revenue from every Grok sold through Telegram. Musk replied a few hours later on X, stating, "No agreements have been signed yet." Duvov acknowledged this and stated that both parties "have reached a consensus in principle," but the specific procedures are yet to be completed.
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Elon Musk's xAI: The Grok 3 family has now joined our API.

Golden Finance reports that Elon Musk's xAI stated: When we set out to create a fast, affordable mini model, we knew it would be good, but even we didn't expect it to be this good. Here are some of the standout results: Grok 3 Mini ranks at the top of the graduate-level STEM, mathematics, and coding leaderboards. The Grok 3 family is now part of our API.
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Microsoft is testing models from XAI, Meta, and DeepSeek as potential alternatives to OpenAI in Copilot

PANews reported on March 7th that Microsoft (MSFT.O) has started testing models from XAI, Meta, and DeepSeek as potential alternatives to OpenAI in Copilot, according to The Information.
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Musk: Bloomberg's report about xAI burning 1 billion dollars a month is false.

ChainCatcher news, Bloomberg previously reported that Elon Musk's artificial intelligence startup xAI is attempting to raise $9.3 billion through debt and equity financing, as it is burning $1 billion per month. Musk denied this and called the report "nonsense."
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Musk: Bloomberg's report about xAI burning 1 billion dollars a month is inaccurate.

Golden Finance reported that Bloomberg previously stated that Elon Musk's artificial intelligence startup xAI is attempting to raise $9.3 billion through debt and equity financing due to its monthly burn rate of $1 billion. Musk denied this and called the report "nonsense."
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Telegram has reached a partnership with xAI, securing $300 million in cash and equity.

According to Gate News bot, Pavel Durov, the founder of Telegram, announced that Telegram has signed a one-year collaboration protocol with xAI. Under the terms of the protocol, Telegram will integrate and distribute Grok to users within its application. In return, xAI will provide Telegram with $300 million in cash and equity, while Telegram will receive 50% of the revenue from xAI subscriptions sold through its platform.
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Market news: Telegram has reached a one-year cooperation agreement with Elon Musk's xAI.

Odaily News According to market news: Telegram and xAI, owned by Musk, have agreed to establish a one-year partnership to distribute GrokROK to TELEGRAM users and integrate it into the Telegram application.
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xAI: No formal cooperation protocol has been reached in the prediction market field.

Golden Finance reports that Musk's xAI: Recently, there has been ongoing speculation about xAI's involvement in the prediction market sector. While we are enthusiastic about the potential of this industry and have participated in various discussions, no formal cooperation protocol has been reached so far.
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xAI has reached a cooperation with TWG Global and Palantir to jointly promote the AI transformation in the Financial Service industry.

PANews May 7 news, according to the official announcement from xAI, it has reached a strategic cooperation with TWG Global and Palantir Technologies, aiming to reshape the path for financial service providers to adopt AI and scale technology development. The three parties will engage in in-depth cooperation in the design and deployment of enterprise-level AI solutions. This cooperation was announced at the Milken Institute conference, with Palantir CEO Alex Karp and TWG Global co-chair Thomas.
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OpenAI releases O3 and O4-Mini that are said to be able to understand images

On April 17, OpenAI released the latest artificial intelligence model, which is reported to be able to understand uploaded images, such as whiteboards, sketches and charts, even if the uploaded content is of low quality. The company calls the O3 the most advanced model to date, while releasing a smaller model, the O4-mini. OpenAI is also struggling to stay ahead of the curve in generative AI as competitors like Google, Anthropic, and Elon Musk's xAI ramp up development.
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Elon Musk's xAI announces the launch of Grok Studio

Jin10 reported on April 16 that on April 15 local time, Elon Musk's xAI officially released the first version of Grok Studio, which includes new code execution capabilities and support for Google Drive. Grok now supports the generation of documents, code, reports, and web games. Grok Studio will open the user's content in a separate window, allowing users and Grok to collaboratively process the content.
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Musk's AI application Grok log in to Telegram

PANews March 26 news, according to Techstartups, Musk's artificial intelligence company xAI has officially launched its AI application Grok on Telegram, allowing it to access the messaging platform with over 1 billion monthly active users. It is reported that Telegram
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NVIDIA and xAI will join Microsoft, BlackRock, and MGX to establish an AI infrastructure investment fund.

BlackRock, GIP, Microsoft, and MGX announced that NVIDIA and xAI are joining AIP to promote investments in artificial intelligence infrastructure. NVIDIA will continue as a technology advisor, leveraging its expertise in accelerated computing and AI to support the deployment of next-generation AI data center infrastructure.
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Elon Musk's xAI and Nvidia join Microsoft, Blackstone, and MGX AI Fund to support the expansion of AI infrastructure.

The AI Infrastructure Partnership Fund has attracted companies such as Musk's xAI and Nvidia, aiming to expand the AI infrastructure in the United States. The plan is to raise over $30 billion to build data centers and energy projects, with Abilene, Texas being the first data center, expected to be completed in 2026, housing 400,000 Nvidia AI chips.
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AI company Anthropic is planning to raise $3.5 billion, with a valuation of $61.5 billion.

AI startup Anthropic is about to complete a $3.5 billion financing round, with a valuation of $61.5 billion, higher than initially planned. Investors include Lightspeed Venture Partners, Menlo Ventures, among others. Elon Musk's xAI is seeking a $10 billion financing, while OpenAI is negotiating a $40 billion financing. The market is showing a high level of interest in Anthropic.
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AMD CEO: The AI chip market size will exceed $500 billion by 2028.

AMD CEO announced the launch of MI350 and MI355 chips, with MI400 set to be released next year; MI350 speeds exceed NVIDIA products. The company plans to launch AI servers based on MI500 in 2027 and has made 25 AI-related investments in the past year. The AI chip market is expected to exceed 500 billion dollars by 2028.
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TPG Capital, Sequoia Capital and other investors have invested $250 million in xAI.

According to a report by Jinse Finance and The New York Times: Investors including TPG Capital and Sequoia Capital have invested $250 million in Musk's xAI company.
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X clarifies that xAI has not confirmed its involvement in the prediction market and no formal cooperation has been reached.

PANews May 22 news, according to a statement from X platform, although xAI has shown strong interest in the prediction market and participated in longer discussions, no formal cooperation has been confirmed at this time. This response clarifies recent rumors about xAI entering the prediction market.
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Foreign media: Microsoft is preparing to host the Grok AI model under Elon Musk.

Microsoft plans to host Musk's Grok AI model and offer it to customers through Azure cloud services. This could spark internal controversies and exacerbate tensions with partner OpenAI. Grok is expected to be available on Microsoft's AI development platform Azure AI Foundry, allowing developers to use the model in their applications.
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0xSun spent $18,800 to buy gork, currently with unrealized gains exceeding 1000 SOL.

The crypto KOL 0xsun.sol purchased the Meme coin gork on the Solana blockchain for $18,800, and has partially sold it for a profit of 277.91 SOL. Currently, the sellable portion can fetch $135,300, with unrealized gains exceeding 1000 SOL. The current market capitalization of GORK is $43.3 million, and it has reached a trading volume of $183 million within 11 hours of being listed.
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Solana on-chain Meme coin GORK launched 5 hours ago with a market capitalization exceeding 50 million USD, and has been listed on Moonshot.

Moonshot Listings monitoring shows that the Meme coin GORK (New XAI gork) on the Solana blockchain was launched on May 1, with its market capitalization exceeding 50 million USD within 5 hours, currently reported at 45 million USD, with a volume of 123 million USD. However, Meme coins have significant fluctuations, relying solely on market sentiment and conceptual speculation, lacking actual value or use cases, and investors must be cautious to guard against risks.
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Moonshot announces the launch of New XAI gork ($gork)

PANews May 1st news, Moonshot announced the launch of New XAI gork ($gork). The Token operates on the Solana on-chain, with a current market capitalization of $40.7 million and a 24-hour volume of $120.9 million.
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xAI will launch the Grok voice + visual model, and the Grok 3 model now supports API access.

PANews, April 10th news, according to TestingCatalog, xAI is preparing to launch the Grok voice mode with visual capabilities on iOS. Camera access is currently open, and a speech rate adjustment option will be added later. Meanwhile, xAI has launched grok-3-beta, grok-3-mini-beta, and their fast versions in the API. Users who deposit 5 dollars and participate in the plan can access these models with a monthly bonus of 150 dollars.
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Elon Musk and Trump conflict causes Morgan Stanley to face obstacles in selling xAI debt.

Gate News bot reports that as Trump and Musk openly clash, Morgan Stanley faces obstacles in selling the debt of Musk's social media platform X's parent company xAI. Sources say the bank originally planned to sell the debt at 100% of its value (1 dollar for 100 cents), but in June the price fell to around 95% (1 dollar for 95 cents).
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Elon Musk's xAI launches a $300 million stock sale, plans to push for larger-scale financing later.

Jin10 data June 3 news, according to the Financial Times, Elon Musk's xAI company is launching a $300 million stock sale, valuing the group at $113 billion. According to informed sources, this transaction will allow employees to sell shares to new investors. One informed source stated that this secondary stock issuance, referred to as a "tender acquisition", is expected to be followed by a larger round of financing, issuing new shares to external investors.
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Musk may consider a new round of funding for xAI, giving it an "appropriate value."

PANews reported on April 22 that, according to CNBC citing informed sources, Musk indicated during a conference call with xAI investors last week that he is considering assigning "appropriate value" to his artificial intelligence startup xAI. While Musk has not officially announced a new round of financing, sources believe this statement suggests that xAI is preparing for a large-scale financing round in the near future. The company also discussed in the call a revenue target that could reach $1 billion or more. Sources believe Musk's appearance on the xAI conference call could signal his renewed focus on his business entities. The report also noted that Tesla, where Musk serves as CEO, has seen its stock price fall by 40% this year, raising questions about his management capabilities.
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GameFi zone Tokens rise, MAGIC 24-hour rise reached 107%

According to BlockBeats news on April 21, as per market information, today the GameFi zone tokens have generally risen, among which: MAGIC has a 24-hour increase of 107%, currently priced at 0.2759 USD; ENJ has a 24-hour increase of 72.1%, currently priced at 0.1128 USD; XAI has a 24-hour increase of 25.8%, currently priced at 0.06 USD; PIRATE has a 24-hour increase of 66.22%, currently priced at 0.05795 USD.
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Morgan Stanley: Expects xAI's annual revenue to exceed $13 billion by 2029

PANews June 7 news, according to TechinAisa, Morgan Stanley expects that Elon Musk's artificial intelligence startup xAI will achieve total revenue of $1 billion by the end of this year, and revenue will exceed $13 billion by 2029. In addition, Morgan Stanley also predicts that xAI's EBITDA may rise to $2.7 billion by 2027 and potentially rise to $13.1 billion by 2029. It is reported that xAI may invest $18 billion to expand its data centers and is seeking a new round of financing at a valuation of $113 billion.
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Musk: I must closely follow X/xAI and TSL

Odaily News Musk stated on the X platform: "I am back to working 24 hours a day, sleeping in the conference room/server/factory room. I must highly follow X/xAI and TSL, as we have key technologies being launched. This week’s X uptime issues indicate that significant operational improvements are needed. Failover redundancy should have been effective, but it has not worked in practice."
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Elon Musk: I must follow X/xAI and TSL

Odaily News Elon Musk stated on the X platform: "I have returned to a state of working 24 hours a day and sleeping in the conference room/server/factory room. I must pay close attention to X/xAI and TSL, as we have key technologies being launched. This week’s uptime issues with X indicate that significant operational improvements are needed. Failover redundancy should have been effective, but it has not worked in practice."
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Musk changed the X avatar to the concept image of "xAI"

BlockBeats news, on May 24, Musk changed the X avatar to a concept image of "xAI", consistent with the style of "xAI / Grok - TO UNDERSTAND" in his background image. Previously, his avatar was a concept MEME image of "Kekius Maximus".
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Musk's XAI Holdings is negotiating a $20 billion financing, with a valuation possibly exceeding $120 billion.

According to ChainCatcher news and Bloomberg reports, Elon Musk's XAI holding company is in talks with investors to raise about $20 billion for its newly merged artificial intelligence and social media business. Sources disclose that if the deal is completed, the company's valuation will exceed $120 billion, making it the second largest startup funding round in history, second only to OpenAI's $40 billion funding earlier this year.
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Elon Musk's xAI plans to raise $20 billion, potentially becoming the second-largest startup funding in history.

Elon Musk's xAI Holdings plans to raise about $20 billion, becoming the second largest startup funding round in history. The company's valuation may exceed $120 billion. The funding could be partially used to repay debts from the previous privatization of Twitter. This reflects investors' interest in AI companies and highlights Musk's influence in business and politics.
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The Musk vs. OpenAI case will start jury trial in the spring of next year.

A U.S. federal judge ruled that Elon Musk's lawsuit against the artificial intelligence company OpenAI will go to trial in the spring of 2026, and the California court judge rejected Musk's request to halt OpenAI's transformation. The court showdown between Musk and OpenAI CEO Sam Altman involves Musk's exit from OpenAI to establish the competing company xAI, which recently acquired Musk's X social media platform with a valuation of $33 billion.
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The Musk vs. OpenAI case will begin a jury trial in the spring of next year.

A US federal judge ruled that Elon Musk's lawsuit against the artificial intelligence company OpenAI will go to trial in the spring of 2026, with the California court judge denying Musk's request to pause OpenAI's transformation. Musk's courtroom showdown with OpenAI CEO Sam Altman involves his exit from OpenAI to establish the competing company xAI, which recently acquired Musk's X social media platform at a valuation of $33 billion.
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Musk responds to issues with the Vine platform, VINE Token market capitalization big pump 45%

According to Gate.io News bot, Wu reported that on the X platform, Musk responded to the question "xAI has now acquired X and owns the short video platform Vine, how should we handle Vine": "Feel free to take that on." According to GMGN market data, the market capitalization of the Solana-based meme coin VINE has reached a new high of $40 million, with the current quote at $38.2 million, up 45% in the last 24 hours.
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follow its subsidiary company, Musk claims it has returned to round-the-clock operation.

Jin10 Data reported on May 25 that on May 24 local time, Musk posted on social media platform X that due to X, xAI, and TSL being in a critical technology release period, and with the Starship launch next week, he has now returned to a full-time work state. Previously, Musk's social platform X experienced a large-scale outage on the morning of the 24th, and services have basically been restored. Last year, Musk invested nearly $300 million to support Trump and several Republican candidates, and on the 20th, he stated that he would significantly reduce political donations, indicating that he is shifting his focus back to his own business landscape to address investors' concerns about his divided attention.
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OpenAI employees publicly criticize the misleading Benchmark test results of the latest AI model Grok3 by XAI

OpenAI employees accused xAI's released Grok3 AI model Benchmark test results of being misleading, but xAI denied any wrongdoing. Grok3 outperformed OpenAI's strongest model at AIME 2025, but it was alleged that the chart did not include all comparison data. Babushkin argued that OpenAI had also released similar charts in the past for comparing model performance.
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OpenAI employees publicly accuse Grok3's Benchmark test results of being misleading

Recently, OpenAI employees accused xAI of misleading with the Grok3Benchmark AI model test results, claiming outstanding performance but omitting key data. The two sides engaged in heated discussions on social media, with xAI claiming that OpenAI had previously released similar charts.
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