Hi there, this is your daily ☕️ Techpresso.
In today's Techpresso:
💰 Tesla offers Elon Musk a $1 trillion pay package
💥 OpenAI to make its own AI chips with Broadcom
💼 OpenAI announces AI-powered hiring platform to take on LinkedIn
🔗 Stripe to launch a new blockchain
👀 Tech CEOs make billion-dollar AI commitments at Trump's White House dinner
🎁 + 15 other news you might like
🔮 + 1 handpicked research papers and tools
💰 Tesla offers Elon Musk a $1 trillion pay package LINK
Tesla is offering Elon Musk a new 10-year compensation plan worth up to $1 trillion, which is tied to increasing the company's overall valuation to more than $8 trillion.
The proposal would grant the CEO over 423 million additional shares, boosting his level of control to about 25% after he threatened to leave without greater voting power.
Shareholders must approve the deal at the annual meeting, an arrangement that follows a judge striking down a separate $29 billion compensation package for Musk just one month ago.
💥 OpenAI to make its own AI chips with Broadcom LINK
OpenAI is partnering with semiconductor firm Broadcom to produce its first custom AI chip, with production scheduled to begin in 2026 for internal use on systems like ChatGPT.
This project is designed to lessen the company's costly reliance on Nvidia GPUs and give it direct control over the hardware needed to train and run its language models.
OpenAI will finalize the design for fabrication by TSMC, joining competitors like Google and Amazon which already make proprietary processors such as their Tensor Processing Units.
💼 OpenAI announces AI-powered hiring platform to take on LinkedIn LINK
OpenAI announced it is building the "OpenAI Jobs Platform," an AI-centered service designed to connect job seekers with companies, placing it in competition with partner Microsoft's LinkedIn.
Expected to launch by mid-2026, the service will include a dedicated track helping local businesses and governments find the specific AI talent they need to better serve their communities.
The company is also introducing a new certification program through its "OpenAI Academy," which will use "ChatGPT's Study mode" to teach workers different levels of AI fluency for jobs.
🔗 Stripe to launch a new blockchain LINK
Stripe is funding a new, independent company called Tempo to build a blockchain specifically for the high-volume processing of stablecoins pegged to assets like the U.S. dollar.
An eye-popping list of design partners including OpenAI, Visa, and Deutsche Bank are already enlisted, suggesting potential uses from agentic payments to remittances if the system works well.
Matt Huang, co-founder of crypto VC firm Paradigm, will lead the venture as CEO and his firm has also invested, giving the project significant backing from major financial players.
👀 Tech CEOs make billion-dollar AI commitments at Trump's White House dinner LINK
At a White House dinner, prominent tech CEOs outlined plans to President Trump for massive U.S. spending on the data centers and electricity needed to power artificial intelligence systems.
Mark Zuckerberg pledged that Meta would invest "at least $600 billion" through 2028 on domestic infrastructure, telling the president his company is making huge investments for the country's innovation.
Apple's Tim Cook announced a new $100 billion for domestic manufacturing, boosting its total pledge to $600 billion, a move the president suggested could help avoid semiconductor import tariffs.
Other news you might like
- Anthropic bans companies majority-controlled by China, Russia, Iran, and North Korea from ClaudeLINK
- Trump warns ‘fairly substantial’ chip tariffs are coming; signals Apple, others will be safeLINK
- Warner Bros Discovery sues AI photo generator Midjourney for stealing Superman, Scooby-DooLINK
- Facebook is trying to make ‘pokes’ happen againLINK
- Google Photos upgrades its image-to-video feature with Veo 3LINK
- Mark Zuckerberg sues Mark ZuckerbergLINK
- Ex-Salesforce co-CEO Bret Taylor's Sierra is the latest $10 billion AI startupLINK
- Qualcomm, BMW launch automated driving system to better compete in growing marketLINK
- Microsoft set to dodge EU fine with offer to unbundle teamsLINK
- ByteDance chip design staff suddenly find out they report to Singapore unit, sources sayLINK
- Neuralink’s Bid to Trademark ‘Telepathy’ and ‘Telekinesis’ Faces Legal IssuesLINK
- iPhone 17, the ‘thinnest iPhone ever,’ and everything else we’re expecting out of Apple’s hardware eventLINK
- Microsoft open-sources Bill Gates’ 6502 BASIC from 1978LINK
- Waymo Says You’re Not Getting its Footage Without a WarrantLINK
- Nepal blocks Facebook, Instagram, YouTube, X over rule breach, amid censorship concernsLINK
Latest research and tools
The Landscape of Agentic Reinforcement Learning for LLMs: this paper provides a structured overview of how reinforcement learning is used to create autonomous agents from large language models.LINK
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