Musk to Relaunch Vine as AI Video App

Elon Musk has announced that X (formerly Twitter) will relaunch Vine in an AI-powered form, though no specific details or timeline have been provided. The announcement has generated excitement and skepticism, with some seeing the reboot as a potential rival to TikTok and Instagram Reels, while others worry about losing Vine's legacy of user-created content. Vine Coin, a meme token launched by Vine co-founder Rus Yusupov, surged in value following the news, but there is no official confirmation of its involvement in the new platform. Musk has previously polled users about reviving Vine and discussed the idea since acquiring Twitter. Industry analysts note that the six-second video format may align with AI video tools, but question whether the new app can compete with established platforms or recapture Vine's original spirit. The long-term effects on both Vine Coin and the short-form video market remain uncertain.