Advertisement
Elon Musk’s artificial intelligence company, xAI, has announced a new partnership with a prediction market platform called Kalshi. The announcement was made on Thursday in a post shared on X (formerly Twitter) by xAI.
The post said, “Effective immediately, Kalshi and xAI are partnering to bring Grok to prediction markets.” Grok is the AI chatbot developed by xAI, and it will now be used to support or enhance Kalshi’s platform. xAI also added, “Two of the fastest growing companies in America are now on the same team.”
Kalshi runs a financial exchange where users can bet on future events using what are called event contracts. These contracts allow people to place bets on a wide range of outcomes, such as changes in the economy, weather patterns, political decisions, or even who might win an award show.
By teaming up, xAI and Kalshi are combining artificial intelligence with real-world prediction markets. This means Grok might help people understand trends, analyse events, or make smarter bets by using its ability to process large amounts of information quickly.
The partnership brings together Elon Musk’s AI expertise with Kalshi’s betting platform, creating a new space where tech and finance meet in an interesting and possibly powerful way.