Tesla gives Elon Musk a $29 billion comp package in AI Talent War
Tesla’s board of directors has announced a new compensation package worth around $29 billion by CEO Elon Musk. The company cites “always enhanced AI talent war and Tesla status” as a reason for its payments. The large pay package is not voted because it is allocated through the 2019 equity incentive plan already approved by […]
MasterCard rejects pressure from the gaming platform, while Valve tells another story
The protests following the recent market crackdown on games using adult content have been driven by pressure from payment processors, prompting Mastercard to issue a brief statement on Friday that will be pushed back against recent headlines. “MasterCard does not rate the game or necessary restrictions on activity on game creator sites or platforms, contrary […]
Inside OpenAI’s quest to make AI do anything for you
Shortly after Hunter Lightman joined OpenAI as a researcher in 2022, he watched his colleagues launch ChatGPT, one of the fastest-growing products ever. Meanwhile, Lightman quietly worked on a team teaching OpenAI’s models to solve high school math competitions. Today that team, known as MathGen, is considered instrumental to OpenAI’s industry-leading effort to create AI […]
Fashion isn’t the only fuss over ads generated by Vogue’s AI
Sarah Murray recalls her first time seeing artificial fashion models. It was 2023, and a beautiful young woman of colour wore a whole Levi denim dress. Murray, a commercial model, said it made her feel sad and exhausted. The iconic Denim Company has collaborated with AI Studio Lalaland.ai to create a “diverse” digital fashion model […]
Lina Khan points to Figma IPO as evidence of M&A scrutiny
The surprising number is to celebrate Figma’s successful IPO. This is Lina Khan, former chairman of the Federal Trade Commission. In X’s Friday afternoon post, Khan linked to Figma’s article on the first day of an impressive deal, claiming that the IPO “can be a reminder that it can “grow independently and into a successful […]
Humanity blocks Openai’s access to its Claude model
According to a report by Wired, Openai has revoked access to the Claude family of AI models. Sources told Wired that Openai has connected Claude to internal tools, allowing the company to compare Claude’s performance with its own models in categories such as coding, writing and safety. In a statement provided to TechCrunch, a humanity […]
What should the founder think about if they are trying to raise the series c?
According to Cathy Gao, partner at Sapphire Ventures, in 2025, startup founders face a confused and contradictory capital market. “Capacity is not rare, but access to its capital is more difficult than ever,” she said. Speaking at TechCrunch’s All Stage Conference in July, Gao said it was possible for startup founders, particularly those of later […]
Kleiner Perkins has a really good week
Despite the tech industry still stoking the face at Figma’s Hot IPO on Thursday, another important tech IPO came out this week: Ambiq Micro. On Wednesday, the chipmaker for wearable devices rose more than $42 in stocks, up from its initial price of $24 on Friday. There is one thing that both companies have in […]
From the massive offer of meta to the massive assessment of humanity, does AI have ceilings?
Meta is still all-in in the AI talent war, with Mark Zuckerberg reaching out to his own top recruit and throwing a chin-dropping package of over $1 billion in years. And the latest target in Meta? Thinking Machines Lab, a new startup from Mira Murati. It’s a bold play in an already overheated market. While […]
Tesla is partially liable in Florida Autopilot Trial, ju apprentices award $329 million in damages
A ju judge in a federal court in Miami was partially revealed due to a fatal crash in 2019, including Tesla’s use of its autopilot driver assistance system. The ju appellant awarded the plaintiff $329 million in punitive and compensatory damages. Neither the car driver nor the autopilot system braked in time to avoid passing […]