AI is the demise of humanity, jobs, socio economic prosperity, population. The funnier aspect is that people are happily funding and promoting for their own demise
Elon Musk’s xAI Valued at $24 Billion After Latest Fundraising Round
The AI firm founded by Elon Musk has raised another $6 billion from investors, including Silicon Valley venture capitalists and a Saudi prince, boosting its valuation to $24 billion.Investors providing the second-round funding included Sequoia Capital, Andreesen Horowitz, and Saudi Prince Alwaleed Bin Talal, xAI announced in a blog post on Sunday.Musk, who founded xAI in July last year, wrote Monday on X that there would be “more to announce in the coming weeks,” and that the startup had a valuation of $18 billion before receiving the new funding.xAI said in its post that the new money would be used to take the firm’s “first products to market, build advanced infrastructure, and accelerate the research and development of future technologies.”Earlier this month, Google introduced an AI-generated search tool, which summarizes results so that users don’t have to click through multiple links to get quick answers to their questions. But the feature came under fire after it provided false or
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