Announcing Grok!
Grok is an AI modeled after the Hitchhiker’s Guide to the Galaxy, so intended to answer almost anything and, far harder, even suggest what questions to ask!
Grok is designed to answer questions with a bit of wit and has a rebellious streak, so please don’t use it if you hate humor!
A unique and fundamental advantage of Grok is that it has real-time knowledge of the world via the 𝕏 platform. It will also answer spicy questions that are rejected by most other AI systems.
Grok is still a very early beta product – the best we could do with 2 months of training – so expect it to improve rapidly with each passing week with your help.
Thank you,
the xAI Team
https://t.co/iPqreWxmQh
Something remarkable is happening in GIFT City - the birth of the tax-free Family Investment Fund (FIF). Say, what now?
FIF: A vehicle for rich Indian families to use GIFT as a tax-free launchpad to invest around the world.
An FIF has to have a minimum capital of USD 10 million (about 82 crore). Now, to get money into GIFT, normally you have to go through LRS (capped at USD 250k per year). But a family-owned entity in India can send up to 50% of its net worth to the FIF.
Why is it tax-free? Because business income gets a 10 year tax holiday in GIFT and an FIF can make investing its business. This is a new and untested provision and experts are cautious, but at least prima facie this arrangement looks possible.
We have an excellent column in Mint today by Nakul Beri of Waterfield Advisors. You can read it here: https://t.co/DEKz5TtbYn #investing #personalfinance
Graphic put together by @SatyaSontanam
Hope to push Bitcoin education on all fronts. Thinking of starting a for-Filipinos educational platform/channel in Filipino-English/Tag-Lish. Max 3-min videos explaining basic concepts.
Playing with titles: Kwentong Bitcoin; Usapang Bitcoin; Basta Bitcoin; Bitcoin Eme, etc.
Ageing parents are a reality. Particularly post Covid, recurring and unexplained sickness is something that all caregivers are confronted with. I have gone through this loop a few times now and here are some of my learnings. Read on.
(Unpopular?) opinion: Indian street food scene is being ruined by excessive mayo and shredded cheese. They just destroy the actual flavours. Indian food is good enough already without being drowned in mayo/cheese.
@shahjinesh111 History repeats Unocoin, Zebpay were started before Binance. RBI ban almost killed them or reduced to small players in emerging business. WazirX meets same fate. No clarity of regulations inspite of multiple attempts. Hard to see..
I like Indian SAAS companies more than the loss making consumer tech startups.
Postman, Zoho, Freshworks, Icertis, Druva, Browser Stack, LeadSquared
Some wonderful businesses and products. If only these were listed 🥲
We need better critics in the space. The recent criticisms against Polygon make no sense.
Polygon bought and built on top of existing tech rather than reinventing the wheel. Imagine thinking rebuilding the wheel everytime is somehow better and smarter lmao.
PNR 4749337987, under age boy cleaning coaches doing job of railway workers to earn some money. Could you please action why coach is not clranec by railway worker. Please take care of this boy as well. @RailMinIndia@RailwaySeva@AshwiniVaishnaw