Musk’s Statement brought a rise in artificial intelligence tokens

Tesla, SpaceX and Twitter CEO Elon Musk introduced the new artificial intelligence company xAI. Introducing the artificial intelligence tool called TruthGPT a few months ago, Musk and his team will make a Twitter Spaces broadcast tomorrow, where detailed information on the subject will be given. The xAI team will consist of many experienced names who have worked in the field of artificial intelligence. It was stated that the people in the team worked at companies such as DeepMind, OpenAI, Google Research, Microsoft Research, Twitter and Tesla.

The recent breakthroughs of Elon Musk in the development of a competitor to ChatGPT also brought significant rises in artificial intelligence-themed tokens. Following yesterday’s announcement, SingularityNET (AGIX) rose 6% and Fetch.ai (FET) rose 4%. The rises in tokens such as BTO, GFT and OCEAN were more limited.

As it is known, Musk harshly criticized ChatGPT and the Microsoft company that supports it, and in this sense, he announced that he would launch the TruthGPT platform in order to obtain real information. In April, when Musk made this announcement, it was claimed that he made a big deal with the chip manufacturer Nvidia and bought thousands of GPU processors.