Musk’s xAI, Kalshi Team Up to Give Bettors AI-Fueled Advice

Kalshi Inc., the prediction market that counts Donald Trump Jr. as a strategic adviser, is tapping Elon Musk’s artificial-intelligence firm, xAI, to provide tailored information to offer guidance for bets made by the site’s users.

Kalshi users can buy derivative contracts that, in effect, allow them to place wagers on the outcomes of a wide range of events. With xAI, the site plans to, for example, synthesize news articles on historical trends to inform traders, whether they’re considering betting on an upcoming Federal Reserve rate change or an election result.

Algorithms used by xAI are trained on data ...