Elon Musk has launched yet another venture, this time with an eye firmly on Microsoft. He’s calling the new company “Macrohard,” and although the name is meant to be tongue in cheek, the project itself is serious business. Musk hopes it will expand his ever-growing portfolio under the xAI banner.
Xai (XAI) saw a 3.8% price dip in a single day, yet its trading volume soared to $27.90 million within that same period. Despite the dip, the cryptocurrency maintains a market capitalization of $52.70 million, reflecting its ongoing relevance in the crypto market.
Kimbal Musk, a Tesla board member, voiced his support for Elon Musk’s compensation package and reiterated that Tesla is at its core an AI company. He also touched on the possibility of the automaker investing in xAI—a move that underscores Tesla’s focus on advanced technology.
Despite recent controversies involving antisemitic responses, the Pentagon has entered into a $200 million agreement with Elon Musk’s xAI to adopt Grok, the company’s artificial intelligence system.
