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Elon Musk now is the driving force in Markets forecasting.
XAI Musk on Thursday announced a partnership on its integration Artificial intelligence chatbot Look since KalshiForecasting Markets Service. In June XAI announced a similar deal PolymartCompetitor Kalshi.
Kalshi, a company that turned head with done withAI advertising roller During the NBA finals this year stated that Grok would be placed on its platform and “provide a useful context for the development and fluctuations of market prices.”
In May, Grok made headlines when it provided users an undesirable context on X o “White genocide“In South Africa. Earlier this month Grok praised Adolf Hitler In the comments about the Texas floods and thrown Anti -Semitism.
“Kalsh feelings about the partnership cause only excitement,” the company’s press -secretary said if there were any problems about Groko “A terrible behavior“
“Wisdom of the crowd”
Forecasts markets are gambling platforms that have real-time chances based on users’ readiness to bet on results. They offer requisites on real events.
Those who use forecasting markets often refer to the “wisdom of the crowd”. A Tesla The CEO stated that these services are “more accurate than polls because the actual money is on the line”.
Interactive brokers and Marvelous Forecasting markets are also conducted.
Kalshi CEO Tarek Maver told The Motley Fool In April, these types of platforms are “the best way to predict the future from this skin in the game aspect. People do not lie when they use their money.”
In a video announced about the agreement with the Kalshi-Xai, Grok showed that she presented the “resume” of the current chance at the bet on the question: “Will Elon Musk create this year?”
Polymarket and Commission on Trade Product (CFTC), which regulates forecasting markets, did not return the request for the XAI affiliate ties with platforms or any potential conflict of interests when AI Musk presents information about Musk rates.
A variety of bet on sites is what you can see.
You can argue if there will be a major meteor shot in 2025 – now 16% of chances, according to Polymarket – and a number of events from the divorce of celebrities when Israel will strike on Syria.
Monday on Kalshi and Polymarket was a joint $ 7 million CEO Astronomer Andy Byron Leaving the company after a Viral video CholdPlay Kiss Cam.
Election 2024
Polymarket escaped on stage during 2024. In the election between the president Donald Trump And then President Joe Biden. The competition was attended by a site that continued to attract rates when Kamala President Harris.
The platform transferred the favorites between Trump and Harris from August to October, before the chances of Trump spread heavily.
In October, four polymarket accounts associated with one person put on 28 million dollars To the Trump’s victory.
The volume of trading on the presidential race amounted to almost $ 3.7 billion.
“On Polymarket it looked like a transaction made, and if you just watched TV, you think it’s neck and neck,” the CEO of Polymarket Shane Coplan After the election, CNBC said at Squawk Box.
A poster that shows the chances of rates for the 2024 US presidential election, which are displayed in New York.
Adam Jefferry | Cnbc
Polymarket has been banned from the US since 2022 when it paid a $ 1.4 million CFTC fine for resolving payments, but it is on CUSP opening up US users.
Earlier this month, the Ministry of Justice and CFTC refused the investigation into the company, and Polymarket acquired the derivatives of QCX.
“Many people want peaceful peace, or they are concerned and they want to know what will happen, the coop said on Wednesday” Squawk Box “CNBC.” That’s why they are tuned to the news. That is why they are tuned to X. And now that there is another data point that is polymarton. “
Coplan said Wednesday that Polymarket was “not profitable”.
