Elon Musk’s xAI has officially partnered with prediction markets platform Kalshi, integrating its Grok artificial intelligence system into Kalshi’s platform. The integration follows a similar collaboration announced last month with Polymarket, the crypto-based competitor, signaling xAI’s push into the prediction economy.
The Kalshi-xAI deal, confirmed on July 24, comes two months after Kalshi CEO Tarek Mansour prematurely announced the integration. He later retracted the statement after reports emerged that the agreement “had not been mutually confirmed.”
Grok’s Convergence with Event Contracts
Kalshi will integrate Grok as a real-time assistant on its platform. It will help users analyze information such as economic indicators and financial trends to make more informed predictions.
The Grok integration brings AI capabilities into Kalshi’s interface, providing users with tailored summaries, forecasts, and data interpretations tied to live markets.
Kalshi is currently the only federally regulated prediction markets exchange in the US. The Commodity Futures Trading Commission (CFTC) oversees its operations. The platform has experienced rapid growth in recent months, primarily due to its expansion into sports event contracts.
Many argue that the event contracts are similar to sports betting and constitute illegal gambling. They are currently the subject of numerous legal battles, including those with states and Native American tribes, involving Kalshi.
Polymarket Deal Still Stands
The Kalshi partnership follows xAI’s earlier collaboration with Polymarket, announced in June. That deal named Polymarket as the “official prediction market partner” of X (formerly Twitter) and integrated Grok into its interface.
Notably, the Kalshi-xAI agreement does not mention X. That suggests that both platforms may share Grok integration, but X-related branding and access remain exclusive to Polymarket.
Unlike Kalshi, Polymarket does not hold a license to operate in the US. Instead, it serves a global user base through blockchain technology and cryptocurrency.
Currently, the two prediction market exchanges do not compete with each other. However, that is likely to change as Polymarket is preparing to enter the US soon. Earlier this week, it announced the acquisition of QCEX, a CFTC-licensed exchange, which it will use as a vehicle to launch in the states.
Looking Ahead
With Grok now integrated in both Kalshi and Polymarket, xAI is positioning its AI assistant to play a pivotal role in the evolving prediction market sector.
As both platforms grow – Kalshi within regulated US markets and Polymarket preparing a domestic launch – Grok could become a key layer of intelligence powering real-time forecasting.
By delivering AI analysis, xAI’s technology could help users engage with markets more effectively, regardless of which platform they choose. The convergence of AI and prediction markets represents a significant step forward in how people interpret and respond to global events.
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