Elon Musk raises R$30 billion for AI project: tokens can benefit
xAI, an Artificial Intelligence startup led by Elon Musk, secured US$6 billion in a series B funding round. The round included major investors such as Valor Equity Partners, Vy Capital, Andreessen Horowitz, Sequoia Capital and Fidelity Management & Research Company. Since its founding in July 2023, xAI has grown rapidly, competing with giants like OpenAI.
Additionally, Musk's connection to cryptocurrencies could significantly impact the AI market. Some of the top AI cryptocurrencies are:
1. **Render (RNDR)**: Offers a marketplace for selling graphics processing capacity generated by GPUs. GPU holders can rent their processing power and receive RNDR tokens in return. The cryptocurrency has experienced a 700% rise in the last 12 months.
2. **SingularityNET (AGIX)**: Seeks to create Artificial General Intelligence (AGI) and offers a marketplace for blockchain applications. Its AGIX token has increased by almost 500% in 12 months.
3. **WienerAI (WAI)**: Memecoin that uses AI for trading operations, offering trading robots that maximize profits. It is on pre-sale, already raising more than US$3 million.
4. **Fetch.ai (FET)**: Integrates multiple blockchain applications, facilitating the creation of applications and services with secure data and autonomous AI.
5. **Dogeverse**: Inspired by Dogecoin, it operates on six different blockchains, allowing the movement of tokens between them. It offers staking yields of over 50% and has had a successful pre-sale.
