CoinspeakerElon Musk’s xAI to Open-Source Grok Chatbot This Week Currently, Grok is the sole product offered by xAI. However, the company has ambitious plans to expand its product line and compete with industry giants like OpenAI and Anthropic. Elon Musk’s xAI to Open-Source Grok Chatbot This Week
Read More »Elon Musk-Inspired Meme Coin TROLL Plummets 58% in 24 Hours
CoinspeakerElon Musk-Inspired Meme Coin TROLL Plummets 58% in 24 Hours Meanwhile, the decline in TROLL is not an isolated incident among Musk-inspired meme coins that experienced a significant drop following a price surge. Elon Musk-Inspired Meme Coin TROLL Plummets 58% in 24 Hours
Read More »Elon Musk-backed xAI Notifies US SEC of Its Intentions to Raise $866.3M through Equity Offering
xAI, the Nevada-based tech company, has so far raised $134 million in its bid to achieve $1 billion to further improve AI tools used by GROK. In a bid to grow its market share and infrastructure, Elon Musk-backed xAI Corp. has filed with the United States Securities and Exchange Commission (SEC) to raise an extra $865.4 million through equity sales. The Nevada-based technology company notified the US SEC through Form D, which is yet to be revised, that it has already sold offerings worth...
Read More »AI Tokens Pump on Positive Industry News as X Corp Announces xAI Shareholding
A number of AI tokens have seen recent significant increases, following Musk’s xAI shareholder announcement, along with other news updates. Artificial intelligence (AI) tokens climbed over the past weekend following news from AI companies about the future of the sector. X Corp owner and Chairman Elon Musk said on Sunday that the company’s shareholders would have a 25% stake in xAI, Musk’s new AI company. Another factor that pumped AI stock over the last few days is news that former OpenAI...
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