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

  • by:
  • Source: NY Post
  • 07/01/2025
...
Trump formally lifts Syria sanctions after meeting with ex-Al Qaeda fighter prez in Saudi Arabia

President Trump gave his final sign-off Monday to lifting longstanding US sanctions on Syria after pledging to do so last month during a trip to Saudi Arabia – in spite of the fact that the country’s new president, Ahmed al-Sharaa, is a former leader of al Qaeda.

...
U.S. Supreme Court To Review Limits On Coordinated Party Campaign Spending

The Supreme Court announced Monday it will hear a significant challenge to federal limitations on coordinated party campaign spending, a decision that could reshape how political parties support their candidates.

...
CIA chief told lawmakers Iran nuclear program set back years with strikes on metal conversion site

CIA Director John Ratcliffe has told skeptical U.S. lawmakers that American military strikes destroyed Iran’s lone metal conversion facility and delivered a monumental setback to Tehran’s nuclear program that will take years to overcome

  • by:
  • Source: NY Post
  • 06/30/2025
...
Zohran Mamdani doubles down on plan to target ‘whiter neighborhoods’ with higher taxes — and says billionaires shouldn’t exist

Socialist New York City mayoral candidate Zohran Mamdani doubled down Sunday on his plan to jack up property taxes on “richer and whiter neighborhoods” — while asserting billionaires shouldn’t exist.