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    “GROK” Memecoins Skyrocket As Elon Musk Unveils AI Chatbot Grok

    Cryptory.net - Elon Musk and his AI startup xAI have launched “Grok”, an AI chatbot that claims to outperform OpenAI’s initial version of ChatGPT in various academic tests.

    In a groundbreaking announcement, Elon Musk revealed his latest innovation – an AI chatbot called Grok. The motivation for creating Grok is to develop AI tools that can support humanity by enhancing research and innovation.

    Musk and the xAI team said a unique and fundamental advantage of Grok is that it has real-time knowledge of the world via the X platform. “It will also answer spicy questions that are rejected by most other AI systems”, said xAI, “Grok is designed to answer questions with a bit of wit and has a rebellious streak, so please don’t use it if you hate humor!”

    xAI also notes that Grok will be exclusively accessible to X Premium+ subscribers, who can gain access to this cutting-edge AI for a monthly fee of $16. Currently, it is only available for a limited number of users in the US.

    As always, this news caused memecoins named Grok to skyrocket. One token named GROK has even surged more than 500% since Elon Musk’s Tweet was published. Despite their strong growth, they have very high risks, so investors should consider carefully before investing in these tokens.

    GROK memecoins skyrocket as Elon Musk unveils AI Chatbot Grok (Source: CoinMarketCap)

    On Nov 3, Elon Musk announced that his new startup, xAI, will launch a new AI tool: “Tomorrow, xAI will release its first AI to a select group”. This tweet also led to a sharp increase in the price of tokens with similar names such as XAI crypto token, which surged 175% as most people confused it with having some sort of connection with Elon Musk’s xAI venture. 

    7-day price chart of XAI Corp (Source: CoinMarketCap)

    Popular crypto analyst, DogeDesigner, warned investors not to fall for these fake tokens. Elon Musk was also quick to respond, saying: “To be super clear, none of my companies will ever create a crypto token.”

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