Overview

• On July 24, Elon Musk announced that X will relaunch the defunct six-second video app Vine as an AI-driven platform.
• He indicated that all content on the revived Vine would be generated via artificial intelligence but offered no details on format or release timing.
• Musk directed his xAI unit in March to lead development of the new service under his oversight.
• Following the announcement, the Solana-based Vine Coin token more than doubled in value, although there is no official integration plan.
• Originally acquired by Twitter in 2012, Vine drew over 200 million users with its looping clips before shutting down in early 2017.