ANALYSIS: Elon Musk Officially Joins the AI Battle, Predicts Human Job Losses

The year 2024 has emerged as a fiercely competitive time in the field of artificial intelligence (AI), with both OpenAI and Google unveiling more advanced and lifelike AI systems. Recently, Elon Musk’s xAI has entered the fray, announcing a significant milestone with $6 billion raised in funding. However, Mr. Musk’s prediction that AI will replace human jobs casts a chilling shadow over these advancements.

On May 27, xAI, a company founded by Musk, announced that it had secured $6 billion in a series B funding round, valuing the company at $24 billion. This funding round received substantial backing from prominent investment firms and banks, including Andreessen Horowitz, Sequoia Capital, and Kingdom Holding.

The company statement noted that xAI had launched its Grok-1 model on the social media platform X last November, with the open-source occurring in March this year. Since then, the company has released the more advanced Grok-1.5 and Grok-1.5V models. Future developments are anticipated, with new products expected to hit the market in the coming months, enhancing xAI’s initial offerings and establishing advanced infrastructure.

Read Full Article Here
 
Elon Musk by is licensed under commons wikimedia

Follow us

Read our latest news on any of these social networks!

Get latest news delivered daily!

We will send you breaking news right to your inbox


Have a tip? Let us know!

Recent Articles

...
Pentagon Funds Lab-Grown Meat Initiative

One contract will fund research for novel cell culture methods and military rations.

...
RFK Jr. Campaign Fundraising Slumps in May: Filings

The Kennedy campaign’s overall income dropped by nearly $14 million between April and May, according to federal disclosures.

...
567,000 Portable Chargers Sold at Costco Recalled After Reports of Fires

The recall followed two reports of residential fires involving the portable chargers.

...
Washington Gov. Jay Inslee stockpiles abortion pills in ‘resistance’ to potential second Trump presidency

This is despite Trump previously stating that he would leave the issue of abortion to the states.