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Synthetic intelligence (AI) associated crypto tokens posted positive aspects after Tesla and SpaceX CEO Elon Musk on Wednesday unveiled a brand new AI firm referred to as xAI as a substitute for common chatbot ChatGPT. SingularityNET (AGIX) rose 11% over the previous 24-hours, whereas Fetch.ai (FET) climbed about 7% over the identical time interval. The workforce can be led by Musk and contains members which have beforehand labored at DeepMind, OpenAI, Google Analysis, Microsoft Analysis, Tesla, and the College of Toronto, in line with the corporate web site. The newly fashioned firm can be a separate entity from Musk’s X Corp., however xAI mentioned it can work carefully together with his different firms. xAI will host Twitter Areas chat on Friday, July 14th.
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