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Showing posts with the label Elon Musk

Elon Musk wants to talk to Tim Cook about adjusting the Apple tax

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  Tech billionaire and Twitter owner Elon Musk has brought up the topic about Apple tax once more. In a tweet on Wednesday, the tech billionaire said that he would talk to Tim Cook, an American business executive and the chief executive officer of Apple Inc, to see whether the Apple CEO would change the 30 per cent commission on in-app sales. Apple currently takes a 30 per cent commission on all in-app transactions on iOS, including subscriptions sold by creators through Twitter, now known as X. Reportedly, Twitter owner wants to modify this so that Apple only receives a 30 per cent commission on the amount of the payout retained by Twitter. Tech billionaire and the CTO of Twitter also claimed that the micro-blogging site is modifying the way it takes commission from the creator. Instead of taking 10 per cent of subscription revenue after a year, Musk claimed that Twitter will only take 10 per cent once rewards top $100,000. Twitter will not take anything for the first 12 months u...

Elon Musk's xAI: The New Challenger to OpenAI in the AI Industry

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  Elon Musk, the renowned billionaire entrepreneur, has declared that his latest venture, xAI, is set to be a formidable competitor to OpenAI, the prominent player in the rapidly expanding artificial intelligence (AI) sector. In a recent discussion on Twitter Spaces, Mr. Musk and his team conveyed the ambitious mission behind xAI, positioning it as a potential game-changer. Despite being in its early stages without any tangible products, xAI has generated significant attention with the launch of its new website. The start-up's primary objective is the safe development of artificial general intelligence (AGI), a concept that entails creating intelligent machines capable of understanding and executing tasks across various domains. As OpenAI currently holds the spotlight in terms of buzz and funding, Elon Musk's foray into the AI landscape through xAI promises an intriguing battle for dominance. With both companies striving to push the boundaries of AGI, the competition is poised ...