Update at 3:15 p.m. ET: Ali's Funeral Set For FridayMuhammad Ali, the man considered the greatest boxer of all time, died late Friday at a hospital in Phoenix at age 74. He was battling respiratory problems. He died of septic shock related to natural causes, with his family at his bedside, according to family spokesman Bob Gunnell.Ali inspired millions by standing up for his principles during the volatile 1960s and by always entertaining — in the boxing ring and in front of a microphone.Cassius Clay (Ali's given name) won a gold medal at the Rome Olympics in 1960. He wanted more: a professional heavyweight championship. He arrived in Miami in October to work with legendary trainer Angelo Dundee. Dundee, who died in 2012, recalled the first day Clay showed up."Bounding up the steps of the Fifth Street gym, and the steps were pretty rickety, you know, all wood. Bouncing up, he said, 'Angelo, line up all your bums. I'm gonna beat 'em all,' " Dundee said.'King Of The World'Clay was 18:
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