On Sunday, technology entrepreneur Elon Musk said shareholders of X Corp, which holds a basket of companies, would have a 25% stake in the new AI venture xAI. xAI recently started to test its Grok chatbot, which has already spurred hundreds of replica tokens.
Elsewhere, reports of Sam Altman, the founder of ChatGPT developer OpenAI, possibly returning to the board after a surprise ousting last week bolstered bullish sentiment for the AI token sector.
Bittensor's TAO rose 4.2%, adding to a 77% rally over the past week. Ocean Protocol's OCEAN, Fetch AI's FET and SingularityNet's AGIX zoomed as much as 16% in the past 24 hours, outperforming bitcoin and other majors. The sector jumped nearly 8%, driving the biggest gains for crypto traders.
#AI-focused tokens #technology sector #Elon Musk #xAI #Grok chatbot #Sam Altman #OpenAI #AI token sector #Bittensor's TAO #Ocean Protocol #Fetch AI #SingularityNet's AGIX #crypto traders #bull run
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