xAI Grok Raising $6 Billion!

Plus Survey Shows Growing Support for AI in Workplace

Author

Nathaniel Whittemore
April 26, 2024

The AI Breakdown First Five - Friday April 25, 2024

Today on the First Five:

  • 5. Saudi Arabia’s AI Push

  • 4. Survey Shows Growing Support for AI in Workplace

  • 3. Microsoft Shows AI Powering Cloud Revenue

  • 2. Baltimore Teacher Accused of Using AI to Make Principal Seem Racist

  • 1. xAI Grok Raising $6 Billion!

5. Saudi Arabia’s AI Push

The Gulf states have emerged as a major player in the AI world, in no small part due to their central place — geographically and geopolitically — between the US and China. The NYT profiles Saudi Arabia’s push into the industry.

4. Survey Shows Growing Support for AI in Workplace

In a recent Axios survey, more working professionals said that they would have an improved view of a colleague’s work if they found out that person was using AI. Overall, the survey suggests a growing acceptance of AI as a work tool.

No judgement for AI use in the workplace

Communicators are more likely to have a favorable view of agencies and colleagues who incorporate AI into their work.

www.axios.com/2024/04/25/no-judgement-for-ai-use

3. Microsoft Shows AI Powering Cloud Revenue

Microsoft beat earnings estimates for the last quarter, and cited AI as driving growth in their cloud business. Ever concerned with the here and now, Wall St rewarded MSFT for its performance (even while it punished Zuck’s Meta for saying they were going to invest billions more in AI).

2. Baltimore Teacher Accused of Using AI to Make Principal Seem Racist

Welcome to the brave new world of false accusations. A former athletic director in Baltimore has been accused of creating a fake audio recording of his former boss in order to make them look racist, and then circulating that fake audio online.

1. xAI Grok Raising $6 Billion!

Despite Elon’s repeated denials, reports have it that Grok-maker xAI is close to closing on a $6B round. With only a handful of credible competitors to create frontier models, big cash infusions are a necessity.

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