"AI Token Surge: Musk's X Corp Unveils xAI Shareholding, Investors to Own Quarter of xAI"

AI-focused tokens experienced a surge in value as Elon Musk announced that shareholders of X Corp would have a 25% stake in the new AI venture xAI. The news, along with reports of Sam Altman possibly returning to the board of OpenAI, bolstered bullish sentiment for the AI token sector. Bittensor's TAO rose 4.2%, while Ocean Protocol's OCEAN, Fetch AI's FET, and SingularityNet's AGIX saw gains of up to 16% in the past 24 hours. AI tokens have gained traction as traders anticipate a potential bull run in the coming years, similar to the gaming and DeFi token boom of the previous market cycle.