Gemini uses Grok to get personalized, AI-powered market data

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Cryptocurrency exchange Gemini has partnered with Elon Musk’s SpaceXAI to launch an AI-powered feature for its predictive markets platform that will allow users to curate personalized feeds.

Twins he said on Thursday that the “Command Center” offering will show markets based on users’ open positions and watchlists, and will also be able to track cryptocurrencies, sports, commodities, politics, economics and culture.

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“Rather than forcing you to scour social media feeds to find what matters, Command Center meets you where you are,” Gemini said. “It learns from your open interest, watchlists, and forecast history to give you the information that’s most likely to help you decide on your next move.”

Source: Twins

The tool is powered by Grok, an artificial intelligence model created by SpaceXAI, a division of Musk’s rocket-building company SpaceX, which operates Grok and the social networking site X.

Gemini is one of several cryptocurrency exchanges that are expanding beyond spot trading and derivatives into prediction markets and artificial intelligence amid a cryptocurrency market collapse that has caused trading volumes and profits to decline.

Related: CFTC seeks to reverse Gemini settlement

Last month, Gemini introduced a feature that allows users to connect AI models such as ChatGPT and Claude to their trading accounts to autonomously monitor markets and even execute trades on their behalf.

Revenue from Gemini’s forecast markets reached $400,000 in the first quarter

In first-quarter results released earlier this month, Gemini said its prediction markets platform generated $400,000 in revenue from 20,000 users, a fraction of the revenue and users reported by market leaders Kalshi and Polymarket.

Gemini reported a 42% year-over-year raise in revenue to $50.3 million in the quarter as it continued its expansion from a cryptocurrency trading platform into a financial services company.

Gemini also managed to reduce its quarterly net loss by 27% year over year to $109 million.

Warehouse: Should users be able to place war and death bets on prediction markets?

Cointelegraph is committed to independent and crystal clear journalism. This news article has been produced in accordance with Cointelegraph’s Editorial Policy and is intended to provide true and up-to-date information. Readers are encouraged to verify the information themselves.
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