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According to Bloomberg, MGX is providing financial backing for Trump’s $100 billion AI initiative and has recently been actively involved in funding rounds for prominent AI companies, including OpenAI, Elon Musk’s xAI, and Databricks Inc. In January this year, MGX joined OpenAI, SoftBank Group Corp., and Oracle Corp. to support a $100 billion project called “Stargate.” In September last year, it partnered with BlackRock Inc. and Microsoft Corp. to launch a $30 billion plan aimed at building data warehouses and energy infrastructure.

Blockchain technology continues to push boundaries, transforming gaming, digital identity, AI collaboration, and social media monetization. From enabling seamless in-game asset ownership to redefining digital identity management and AI interactions, platforms like Xai, Moca Network, Delysium, and Cheelee are driving widespread adoption. These advancements integrate blockchain into everyday digital interactions, making decentralized technology more accessible to users worldwide. Current price: $0.06828 Market cap:$73.44M Xai is revolutionizing the gaming industry by enabling players to own and trade in-game assets without requiring crypto-wallets. Developed by Offchain Labs using Arbitrum technology, Xai integrates blockchain into mainstream gaming. Players gain direct ownership of valuable items, while node operators support the network and participate in governance, making blockchain more accessible to traditional gamers. Current price: $0.09218 Market cap:$176.49M Moca Network is creating a universal digital identity infrastructure, ensuring seamless asset and reputation management across multiple ecosystems. With over 540 partner companies, Moca Network provides access to more than 700 million potential users. AIR Kit, its flagship product, simplifies digital identity by embedding blockchain features into existing applications. Mocaverse, along with partners like SK Planet and One Football, enhances user experiences with personalized rewards and identity-based interactions. Current price: $0.05302 Market cap:$59.07M Delysium is building a blockchain-based network for AI agents, ensuring secure and efficient collaboration. The YKILY Network provides AI agents with a financial infrastructure designed for high-speed transactions and scalability. Lucy, the first AI agent on the network, functions as a Web3 operating system, simplifying blockchain interactions. With support from industry leaders such as Microsoft, Google, and Nvidia, Delysium aims to expand the AI ecosystem by onboarding over one million AI agents. Current price: $7.68 Market cap:$436.75M Cheelee offers a new approach to social media engagement by allowing users to earn rewards for their time spent on the platform. Available on both App Store and Google Play, Cheelee provides free NFT glasses upon registration, allowing users to enhance earnings with premium NFTs and gaming tools. By leveraging blockchain technology, Cheelee transforms user engagement into an opportunity for financial benefits, making social media participation more rewarding. DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

$XAI USDT – Reversal Incoming? #XAI Downtrend since ATH of $1.63 but signs of a potential breakout! 🔹 Current price: $0.0676 (-29.73% weekly) 🔹 Falling wedge pattern – bullish reversal setup! 🔹 Key resistance ahead – Can XAI break out? 📌 Will XAI bounce or keep sliding?

xAI's expansion in Memphis is a game-changer. The company is planning to upgrade its Colossus supercomputer facility to a staggering 1 million Graphics Processing Units (GPUs) by 2026 ¹. This massive expansion will not only bolster xAI's computational capabilities but also bring thousands of jobs to the Memphis area. The facility will be built on a massive 500-acre plot of land, with xAI negotiating a 21-year lease starting at $1.65 million annually, increasing by 2.5% each year ². This significant investment underscores xAI's commitment to establishing Memphis as a hub for artificial intelligence and supercomputing. The Colossus project is a monumental undertaking, with xAI aiming to expand its GPU count from 100,000 to 1 million units ³. This upgrade will catapult xAI to the forefront of the AI computing landscape, positioning it to challenge industry giants like Google, OpenAI, and Anthropic. The impact of this expansion will be felt far beyond Memphis. xAI's upgraded Colossus facility will enable faster and more efficient processing of complex AI tasks, driving innovation in fields like healthcare, finance, and transportation. As xAI continues to push the boundaries of AI computing, it's essential to keep a close eye on XAI$ ³. With the company's ambitious expansion plans and growing presence in the AI landscape, XAI$ is poised for significant growth. *Key Takeaways:* - xAI is upgrading its Colossus supercomputer facility in Memphis to 1 million GPUs by 2026. - The expansion will bring thousands of jobs to the Memphis area and establish the city as a hub for AI and supercomputing. - xAI's upgraded Colossus facility will drive innovation in various fields and position the company as a leader in the AI computing landscape. - XAI$ is poised for significant growth, making it essential to keep a close eye on the company's progress.

$XAI XAI, An artificial intelligence company founded by Elon Musk, has acquired a 1 million square foot property in southwest Memphis. This move follows the company's announcement last December to expand its supercomputer, Colossus, in the city. The Greater Memphis Chamber released a statement on March 7, indicating that the new facility will complement xAI's existing operations and support its expansion in Memphis. The Chamber noted that the Colossus supercomputer is progressing towards the 'supercluster scale' announced by xAI last year.$XAI