Elon Musk’s xAI Open Source Announcement Sparks Surprising Rally for XAI
- Elon Musk took to Twitter to announce that xAI will make Grok open-sourced by this week.
- At the same time, XAI recorded a 4.29% spike in just one day.
The CEO of SpaceX and DOGE supporter Elon Musk took to X to announce that xAI, an artificial intelligence company, will make Grok, an AI chat bot, open-sourced by this week, enabling developers and users to gain access to the source code.
Despite this being a part of the AI sector, the crypto community has noticed that XAI, the token of a blockchain gaming project that almost shares a similar name to xAI, recorded a 4.29% spike in just one day.
Although XAI started the trading day at $1.465, the recent short-term surge pushed the altcoin to cross above the $1.5 level in a matter of minutes. As per CoinMarketCap’s data, XAI is trading at $1.54 after observing a double-digit hike of 16.88% in just seven days. At the time of writing, XAI’s market cap is valued at $426,073,589 as the altcoin moved into the green zone of the daily chart.
Did Elon Musk’s announce…
The post Elon Musk’s xAI Open Source Announcement Sparks Surprising Rally for XAI appeared first on Coin Edition.
Elon Musk’s xAI Open Source Announcement Sparks Surprising Rally for XAI
- Elon Musk took to Twitter to announce that xAI will make Grok open-sourced by this week.
- At the same time, XAI recorded a 4.29% spike in just one day.
The CEO of SpaceX and DOGE supporter Elon Musk took to X to announce that xAI, an artificial intelligence company, will make Grok, an AI chat bot, open-sourced by this week, enabling developers and users to gain access to the source code.
Despite this being a part of the AI sector, the crypto community has noticed that XAI, the token of a blockchain gaming project that almost shares a similar name to xAI, recorded a 4.29% spike in just one day.
Although XAI started the trading day at $1.465, the recent short-term surge pushed the altcoin to cross above the $1.5 level in a matter of minutes. As per CoinMarketCap’s data, XAI is trading at $1.54 after observing a double-digit hike of 16.88% in just seven days. At the time of writing, XAI’s market cap is valued at $426,073,589 as the altcoin moved into the green zone of the daily chart.
Did Elon Musk’s announce…
The post Elon Musk’s xAI Open Source Announcement Sparks Surprising Rally for XAI appeared first on Coin Edition.