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Prediction market Kalshi announced Thursday it had partnered with Elon Musk-linked Grok to provide AI-driven odds analysis. Kalshi also announced it will be attending the highly anticipated BetBash in Las Vegas on August 12-15, 2025. Last 24 Hours Gambling911 Impressions: 67,167.
Kalshi Joins Forces With Grok
Kalshi, which raised $185 M at a $2 B valuation in June, said "what once seemed crazy is now obvious".
Kalshi Co-founder, Tarek Mansour, elaborated further.
"When we launched Kalshi, people thought we were nuts.
"Today, prediction markets are one of the most powerful tools for understanding the world.
"We’ve always admired those who defy the odds - and no one embodies that more than Elon and xAI.
"In just two years, xAI went from an idea to running the largest training center on the planet.
"The pace of innovation is hard to believe. And AI will be critical to the evolution of prediction markets.
"Together, we’re building at xAI’s pace to shape the future of this ecosystem."
"The Kalshi takeover is in full effect," declared Pro sports bettor and BetBash organizer Gadoon “Spanky” Kyrollo. "I am keeping a close eye on their insane growth as it is great additional option for sports bettors."
Mansour confirmed Kalshi will be in attendance at this year's BetBash
"The Kalshi team is looking forward to your event next month," Mansour said in response to Spanky's tweet.
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