PANews reported on May 20 that according to Bloomberg, the prediction market platform Kalshi Inc. announced that it has hired Donald Trump Jr. as a strategic advisor and is working with Musk's artificial intelligence company xAI. Kalshi users can bet on the results of various events by purchasing derivative contracts. In this cooperation, Kalshi will use xAI to integrate historical trend news to provide information support for traders, helping them to judge the direction of events such as the Federal Reserve's interest rate adjustments or election results.

Kalshi CEO Tarek Mansour said that there is a deep fit between prediction markets, social media and artificial intelligence. Prediction markets reflect known information, while artificial intelligence can expand the boundaries of knowledge. He emphasized that this cooperation is just the beginning of a long-term cooperation aimed at fully unleashing the potential of the prediction market. Both companies have invested a lot of engineering resources to promote cooperation.