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This week , TechCrunchviewed leaked documentsout of SpaceX show some questionable practices link up to employee stock pick .

go CEO Elon Muskannouncedthat he would open source Grok , X ’s AI - powered chatbot meant to compete with OpenAI ’s ChatGPT . Grok — build up by Musk ’s AI inauguration , xAI — was released last class , armed with features such as access to “ genuine - time ” information on X and views undeterred by “ politically right ” norm .

Elsewhere , RoninterviewedDenise Dresser , the chief executive officer of Slack , on her exploit to bring stability to the Salesforce business concern that ’s realize three CEO in a single year .

News

Leaked SpaceX docs : We got our hands on some leaked SpaceX documents that show some unusual term to stock awards that employee are required to match to . Among other things , the company gives itself the right to blackball preceding and present employee from participating in legal tender offering if they are deemed to have pull “ an human activity of dishonesty against the society ” or to have assault write company policies .

Phantom , now a specter : Phantom Auto , a distant drive startup that launched seven eld ago amid the bombilation of self-directed fomite engineering , is keep out down after failing to stop up new funding , Kirsten exclusively reports .

Join us at TechCrunch Sessions: AI

Exhibit at TechCrunch Sessions: AI

Meme breed : In a new SEC filing , Reddit let out that , following its IPO , it ’ll permit its community appendage to sell their share directly rather of being capable to the usual lock - up agreements that prevent IPO investor from selling percentage for six months .

Funding

Banking as a service : U.K.-basedGriffin Bank , an API - driven banking - as - a - service of process ( BaaS ) platform , just obtained a license to plunge as a amply operational bank — and raised $ 24 million from investor , including MassMutual Ventures , NordicNinja and Breega .

EU breaches data rules : An investigation into the European Union ’s use of Microsoft 365 has found that the European Commission , the cabinet government of the EU , transgress the bloc ’s data point protection rules through its use of the swarm - based productiveness software .

Analysis

Deepfakes go royal : Amanda writes about how a photograph of Kate Middleton and her child , possibly edited with the help of AI , is an omen of what ’s to amount as AI deepfaking and redaction shaft proliferate .

Relaxation equipment : Haje get going hands - on with Moonbird ’s relaxation equipment , which is designed to help customer find sleep and reduce stress through breathing exercises .

This week onEquity , Alex await at data from Carta on how startup compensation is changing , raises from Empathy and Bear Robotics and evolution from Bluesky , Brave and Chamath Palihapitiya ’s VC business firm Social Capital .

OnFound , Becca and Dom spoke with Rebecca Hu , the CEO and co - founding father of Glacier , an AI robotics companionship that ’s building robots to accurately sort recycling .

And onChain Reaction , Jacquelyn interviewed Melody Hildebrandt , CTO of Fox Corporation , and Mike Blank , COO at Polygon Labs . The episode is part of Chain Reaction ’s monthly serial diving into unlike matter and themes in crypto . This calendar month ’s theme is blockchain and AI integrations .

Bonus round

Metaverse royale : Readyverse Studios — co - founded by blockchain technical school party Futureverse and Ernest Cline , the thinker behind the sci - fi series Ready Player One — this week debut Open , a third - person battle royale experience . Lauren has the tale .