AI Giants Midterm Clash: Musk Backs Dereg as BTC Hits $77K

Elon Musk ignited the AI giants midterm clash on October 28, 2024, endorsing deregulation candidates against OpenAI's Sam Altman ahead of U.S. elections. Bitcoin surged to $77,212 USD (CoinGecko).

In his Austin home at midnight, Musk hunched over a glowing screen, firing off X posts. Supporters flooded replies with fire emojis. Rivals like Altman urged safety rules. The stakes felt personal—innovation versus catastrophe.

Elon Musk Leads Tech Billionaire Charge

Musk launched xAI to counter OpenAI's dominance. He blasts Altman's pivot to profits. Musk funnels cash to pro-innovation PACs, per Reuters (October 24, 2024).

Tesla embeds AI in autonomous vehicles. SpaceX probes neural interfaces. His X posts rack up millions of views, demanding less red tape.

"Time to unleash AI without red tape," Musk posted on X (October 28, 2024). Congressional hearings expose rifts, per Senate records. xAI's Grok chatbot challenges ChatGPT. Engineers jump ship in fierce talent wars, per Crunchbase data.

Sam Altman Lobbies D.C. for AI Safety

Sam Altman faced senators on October 15, 2024. In a tense hearing room, lights glared on his notes. OpenAI seeks licenses for superintelligent AI. "Unchecked AI risks catastrophe," Altman warned (Senate Commerce Committee transcript).

Microsoft powers OpenAI's growth. Altman pushes balanced rules. Critics call it a shield against rivals, per Bloomberg analysis (October 20, 2024).

GPT models fuel enterprises worldwide. Compliance demands rise amid scrutiny.

Google DeepMind, Meta Join Political Arena

Sundar Pichai calls for global standards. Google DeepMind's Gemini drives Alphabet products. The company released ethics guidelines in September 2024, per official blog.

Mark Zuckerberg open-sourced Meta's Llama models. EU's MiCA rules loom in January 2026. Anthropic's Dario Amodei echoes safety pleas, per TechCrunch interview (October 22, 2024).

Lobbyists swarm Washington. Donations target key districts.

Crypto Markets Tense Over AI Fight

Traders eye election outcomes. Crypto Fear & Greed Index reads 26 (Fear), per Alternative.me. Bitcoin hit $77,212 USD, up 1.5% with $1.546 trillion cap (CoinGecko, October 28, 2024).

Ethereum rose 0.7% to $2,280.42 USD ($275.3 billion cap). HYPE token leaped 4.0% to $40.73 USD on AI hype.

• Asset: BTC · Price (USD): 77,212 · 24h Change: +1.5% · Market Cap: $1.546T
• Asset: ETH · Price (USD): 2,280.42 · 24h Change: +0.7% · Market Cap: $275.3B
• Asset: USDT · Price (USD): 1.00 · 24h Change: 0.0% · Market Cap: $189.5B
• Asset: XRP · Price (USD): 1.37 · 24h Change: 0.0% · Market Cap: $84.8B
• Asset: SOL · Price (USD): 83.87 · 24h Change: +0.9% · Market Cap: $48.3B

Solana gained 0.9%. USDT steadies portfolios.

Billionaires Bet Millions on Outcome

Musk pledges millions to allies, per Reuters. Altman taps Silicon Valley ties. Funds hit swing districts.

A Pew Research poll shows 52% fear AI job losses (October 25, 2024). Leaders dodge bias and layoff queries.

xAI prioritizes speed, per company blog on Grok. Rules could hobble competitors.

Elections Shape AI Innovation, Investments

Deregulation boosts xAI. Strict laws hit OpenAI hard. Bitcoin's scarcity lures safe-haven flows.

AI devours energy. Solana-style chains speed inference.

Elections will steer AI's path. Markets test Bitcoin's $77,212 level. Senate schedules more hearings.