Tesla shareholders approve Elon Musk’s $1T pay package
The proposal received more than 75% approval. Musk can earn the $1 trillion in shares over the next 10 years if Tesla hits a number of milestones.
The Download: China’s dying EV batteries, and why AI doomers are doubling down
This is today’s edition of The Download, our weekday newsletter that provides a daily dose of what’s going on in the world of technology. China figured out how to sell EVs. Now it has to bury their batteries. In the past decade, China has seen an EV boom, thanks in part to government support. Buying an electric…
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Laude Institute announces first batch of ‘Slingshots’ AI grants
Slingshots AI grants provide resources that would be unavailable in most academic settings. Its debut program has 15 startups focused on AI evaluation.
Meta estimates that it earns 10% of its revenue from scams, report says
These fraudulent ads purport to offer a product or service that isn’t actually real, and may be intended to solicit payments from less savvy users.
Sam Altman says OpenAI has $20B ARR and about $1.4 trillion in data center commitments
Altman named a long list of upcoming business he thinks will generate significant revenue.
Google to buy carbon credits from massive Amazonian reforestation project
The deal is the first selected by the Symbiosis Coalition, an advance market commitment founded to seed the market for nature-based carbon removal.
Amazon launches an AI-powered Kindle Translate service for ebook authors
Kindle Translate, an AI-powered translation service, is designed to broaden the reach of ebook authors.
Americans Owe More Money Than Ever, Driven By These 2 Types of Debt
U.S. student loan debt and credit card balances reached record highs this year, driving an overall high for U.S. household debt.
Sam Altman says he doesn’t want the government to bail out OpenAI if it fails
The furor over Sarah Friar’s comments grew so loud that Trump’s AI Czar David Sacks weighed in.
Ford execs reportedly discuss ending the F-150 Lightning
Production was already paused as Ford prioritizes gas and hybrid versions of the truck. The Lightning has been on the market for three years.
Sora for Android saw nearly half a million installs on its first day
Sora’s Android launch is off to an auspicious start, new data shows.