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Elon Muskjust convincedTeslashareholders to approve his $ 56 billion remuneration package , making him the highest - paid chief executive officer in history — assuming he can dodge a Delaware judge ’s dislike . And where better to stage this circus than Texas , home of big everything , including egos ? Shareholders erupted in hand clapping at Tesla ’s Texas gigafactory when the vote results were announced . Meanwhile , Musk juggles more company than a clown with chainsaws and face up two young lawsuits ( being sued just once per hebdomad is for wimps ) . Oh , and forget about any fancy ESG go-ahead ; those got shot down faster than you’re able to say “ corporal responsibility . ” Who needs sustainability when you ’ve got Elon dancing onstage with0.7 Twitter ’s worth of cashin a suitcase ?
Most interesting startup stories from the week
It seemsHenrik Fisker’sknack for designing car is only match by his endowment for drive company into failure . Despite aiming to be the Apple ofEVs(with Magna playing Foxconn ) , the much - touted Ocean SUV sank quicker than the Titanic with software bug , think , and lemon lawsuits galore . Now filing for Chapter 11 in Delaware , Fisker has die from dreams of revolutionizing the motorcar industry to just try not to get stand by with a $ 500 million bill . This marks Fisker’ssecond go of bankrupt an eponymic company . Can he make it to three ? Stay tune up .
Trend of the week: All eyes on AI
Apple has eventually thrown its lid into the AI icon circus , bring together the ilk of Google and OpenAI in a dire bid to describe AI with a logo that makes any sense at all . plunderer alerting : They’re as clueless as everyone else . Apple ’s new visual for “ intelligence agency ” is essentially a psychedelic circle — wait , no — a lopsided eternity symbolization ? Actually , it ’s New Siri . Or maybe it ’s when your phone edges glow like an alien spaceship landing . The real takeout here ? No one acknowledge what AI should look like , but let ’s slap on some well-disposed pastel colors and call it innovation .
Meanwhile , Ilya Sutskever , the AI brainiacwho last calendar month decide OpenAI was n’t exciting enough any longer , hasstarted his own shindig called Safe Superintelligence Inc.(SSI ) with a couple of other ex - OpenAI pals . After a striking departure from OpenAI ( presumably over how to debar Skynet taking over ) , Sutskever is doubling down on making indisputable super - sassy AI does n’t become our overlord anytime presently . SSI ’s delegation ? To balance mind - squander AI advancements with safety measure so we do n’t end up star in our very own “ Black Mirror ” episode .
Most interesting fundraises this week
converge the dynamical duet who seem to have skipped their quarter - life story crisis and went flat to swimming in cash . Edward Tian and Alex Cui , founders of GPTZero , are hold out test copy that eminent shoal friendships can lead to multimillion - dollar bill venture . In just a year and a half , they ’ve turned their AI detection startup into a moneymaking auto that ’s outpacing your pet viral app . With $ 10 million newly bagged from eager VCswho could n’t wait for an official raise , these guy cable are on track to make an internet where we can still tell if your essay was written by you or ChatGPT ’s stone - beyond - words cousin named Cheech .
Other unmissable TechCrunch stories …
Every week , there ’s always a few story I want to share with you that somehow do n’t fit into the categories above . It ’d be a shame if you missed ’em , so here ’s a random catch bag of goodies for ya :
