Musk, the father of at least 10 children, said humans might be able to work "as a hobby," if they chose, but ultimately painted a bleak picture of the future where, according to his previous predictions, AI will supplant us in all endeavors. In related news, Musk's AI company, dubbed simply "xAI," has reportedly secured $6 billion in funding from Lightspeed Venture Partners, Andreessen Horowitz, Sequoia Capital and Tribe Capital at a total valuation of $18 billion. As Cointelegraph recently reported, Musk says that xAI lags behind industry leaders OpenAI and DeepMind, but could catch up by the end of 2024: