Kalshi Bets on Musk’s xAI to Supercharge Prediction Markets—Because Gamblers Need Smarter Crystal Balls

Prediction market platform Kalshi just plugged into Elon Musk’s xAI—because when your business is built on guessing outcomes, why not add a dash of artificial clairvoyance?

The move signals Kalshi’s pivot from crowdsourced speculation to algorithm-enhanced fortune-telling. Because nothing says ’trustworthy forecasts’ like black-box AI trained on Twitter memes.

Wall Street’s quants won’t lose sleep—yet. But when the next ’AI-powered’ market bubble pops, at least the machines will have someone to blame.

Kalshi’s recent ventures

The MOVE comes as Kalshi gains traction among retail and political bettors, bolstered by a recent deal with Robinhood Derivatives to integrate prediction markets into the Robinhood trading app. 

That integration, announced in March, will begin with markets focused on politics, economic data, and sports.

The partnership also highlights the overlapping political affiliations of the two companies. Kalshi counts Donald TRUMP Jr. as a strategic adviser and had former CFTC commissioner Brian Quintenz on its board. xAI, meanwhile, has tapped Kalshi’s former general counsel to lead regulatory strategy at Musk’s Department of Government Efficiency.

Musk’s xAI also made headlines this week by announcing that Microsoft Azure will host its flagship Grok models, further expanding its reach in the AI space. The collaboration with Kalshi adds another use case for AI in financial and betting markets, especially as regulators watch both sectors closely.