Kalshi taps Elon Musk’s xAI to power prediction market insights

Prediction market platform Kalshi is partnering with Elon Musk’s artificial intelligence startup, xAI, to provide tailored insights for users making bets on real-world events. The collaboration aims to enhance Kalshi’s event-based derivatives marketplace by integrating xAI’s models, which are trained on data from Musk’s social platform X. These models will help Kalshi synthesize news and historical data, providing traders with real-time context around topics ranging from central bank rate decisions to political races, according to a Bloomberg report . “There’s deep alignment between prediction markets, social media and AI. Prediction markets capture what people know — AI scales what people can know,” Kalshi CEO Tarek Mansour said in a statement per Bloomberg. Both companies say they are investing significant engineering resources into the initiative. You might also like: XLM Price up 1.17% from key support: bullish structure points to $0.35 rally Kalshi’s recent ventures The move comes as Kalshi gains traction among retail and political bettors, bolstered by a recent deal with Robinhood Derivatives to integrate prediction markets into the Robinhood trading app. That integration, announced in March, will begin with markets focused on politics, economic data, and sports. The partnership also highlights the overlapping political affiliations of the two companies. Kalshi counts Donald Trump Jr. as a strategic adviser and had former CFTC commissioner Brian Quintenz on its board. xAI, meanwhile, has tapped Kalshi’s former general counsel to lead regulatory strategy at Musk’s Department of Government Efficiency. Musk’s xAI also made headlines this week by announcing that Microsoft Azure will host its flagship Grok models, further expanding its reach in the AI space. The collaboration with Kalshi adds another use case for AI in financial and betting markets, especially as regulators watch both sectors closely. You might also like: Why Trump’s ‘big, beautiful’ bill is bullish for Bitcoin and altcoins

Source: crypto.news