EP-13 xAI’s Funding Triumph 🚀, Tiktok’s Apple Evasion 📱💸, Apple’s Ai Ambitions 🖥️✨

AI Briefing Room

welcome to today's tech briefing, where we zoom into the most talked-about developments shaking the tech landscape this friday, may 3rd. our focus spans across major tech giants and emerging concerns within the ai sector. here's what we covered:

- spacex and tesla ceo elon musk's ai venture, xai, hits a new funding milestone, raising $6 billion with support from sequoia capital and future ventures. the infusion of capital positions xai as a leader in ai development.

- tiktok's new strategy to bypass apple's 30% commission on in-app purchases by directing users to its website. this bold move could redefine digital commerce dynamics and potentially spark a clash with apple.

- apple's financial triumph, marking its best stock day since 2022, driven by higher-than-expected earnings and an unprecedented share buyback plan. remarkably, this comes amid a drop in iphone sales, with expectations for generative ai features boosting future prospects.

- ceo tim cook unveils apple's ambitious ai plans, indicating a blend of in-house development and strategic partnerships to enhance their devices' ai capabilities, despite a significant r&d budget exceeding $100 billion.

- microsoft puts a temporary pause on copilot ai updates in windows to incorporate user feedback. this reflects a wider tech industry theme: the need for balance between innovation speed and quality.

- the episode rounds off with a discussion on the increasing cases of burnout among ai engineers. the intense race for ai supremacy might be pushing ethical and health boundaries.

tune in to unravel these developments, as we dissect the blend of strategy, innovation, and the ethical landscape framing today's tech giants and their quests in the ai domain