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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 commitments at Trump's White House dinner

🎁 + 15 other news you might like

🔮 + 1 handpicked research papers and tools

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💰 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 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.

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Other news & articles you might like

  • Anthropic bans companies majority-controlled by China, Russia, Iran, and North Korea from Claude LINK
  • Trump warns ‘fairly substantial’ chip tariffs are coming; signals Apple, others will be safe LINK
  • Warner Bros Discovery sues AI photo generator Midjourney for stealing Superman, Scooby-Doo LINK
  • Facebook is trying to make ‘pokes’ happen again LINK
  • Google Photos upgrades its image-to-video feature with Veo 3 LINK
  • Mark Zuckerberg sues Mark Zuckerberg LINK
  • Ex-Salesforce co-CEO Bret Taylor's Sierra is the latest $10 billion AI startup LINK
  • Qualcomm, BMW launch automated driving system to better compete in growing market LINK
  • Microsoft set to dodge EU fine with offer to unbundle teams LINK
  • ByteDance chip design staff suddenly find out they report to Singapore unit, sources say LINK
  • Neuralink’s Bid to Trademark ‘Telepathy’ and ‘Telekinesis’ Faces Legal Issues LINK
  • iPhone 17, the ‘thinnest iPhone ever,’ and everything else we’re expecting out of Apple’s hardware event LINK
  • Microsoft open-sources Bill Gates’ 6502 BASIC from 1978 LINK
  • Waymo Says You’re Not Getting its Footage Without a Warrant LINK
  • Nepal blocks Facebook, Instagram, YouTube, X over rule breach, amid censorship concerns LINK

Trending 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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