Tesla’s board has awarded CEO Elon Musk an interim pay package of 96 million shares which would be worth about $29 billion.Musk’s new package will include shares that vest in two years as long as he continues as CEO or in another key executive position.#Tesla #ElonMusk.

Taiwan Semiconductor Manufacturing Co. said on Tuesday that it had detected “unauthorized activities” that lead to the discovery of potential trade secret leaks. #TSMC

Buterin said the change over the past decade has been staggering. Ten years ago, he recalled, the crypto community was “just a very small space,” with only a handful of people working on bitcoin and a few other projects.#Ethereum #Blockchain.

RT @DisruptionBank: Did Cisco’s $28B Splunk acquisition live up to the hype? Is it the best of the 66 acquisitions made by Cisco since 2015….

Reddit reported its second-quarter earnings on Thursday, and it’s clear that the company’s focus on AI has ramped up considerably.One significant area of investment is growing its advertising business.#Reddit #Advertising.

Amazon CEO Andy Jassy sees an opportunity to deliver ads to users during their conversations with the company’s AI-powered digital assistant, Alexa+, he said during Amazon’s second-quarter earnings call Thursday. #Amazon #Alexa #Advertising.

While Nvidia has been given assurances by Washington that it will be allowed to resume exports of its made-for-China H20 general processing units, the AI chips may be met with increased scrutiny from Beijing. #Nvidia #China.

“I continue to think that glasses are basically going to be the ideal form factor for AI, because you can let an AI see what you see throughout the day, hear what you hear, [and] talk to you,” Zuckerberg said.#Facebook #Meta #ArtificialIntelligence.

GitHub Copilot, an AI coding tool offered by Microsoft-owned GitHub, has now reached more than 20 million users, Microsoft CEO Satya Nadella said on the company’s earnings call Wednesday.These are the number of 'all time users'.#Github #Copilot #ArtificialIntelligence.

In a rush to mimic the techniques developed by Chinese startup DeepSeek, Meta released a new version of its Llama family of AI models that disappointed third-party developers. #Meta #DeepSeek #ArtificialIntelligence.

PayPal reported better-than-expected results for the second quarter but saw slowing growth in transaction margin dollars, a key measure of profitability. The stock slipped more than 8% following the report. #PayPal #StockPrice.

AI chip startup Groq is in talks to raise a fresh $600 million at a near $6 billion valuation although the deal isn’t yet final.Groq raised $640 million at a $2.8 billion valuation in August 2024.#Groq #Nvidia #Chips.

The Boring Company, Elon Musk’s tunnel-digging company, and Tennessee Governor Bill Lee have announced a plan to build a 10-mile “loop” that will connect Nashville’s downtown and its convention center to the area’s airport.#Nashville #Tesla #Tunnel.

RT @DisruptionBank: The future Audi F1 Team and Revolut are joining forces in a landmark agreement that will see Revolut become the title p….

RT @NABSummit: The digital asset world is experiencing unprecedented acceleration. Policy is shifting. Momentum is building. This is the c….

In recent months, investors have rotated out of bitcoin and into ether.SharpLink Gaming was one of the first to make the move.Other companies are making similar moves around Solana.#Bitcoin #Solana #ETH.

Europe is setting its sights on gigawatt factories in a bid to bolster its lagging artificial intelligence industry and meet the challenges of a rapidly-changing sector. #Europe #ArtificialIntelligence #DataCentre.

Since taking office, the Trump administration has fired over a hundred employees at CISA, some of whom the government had to call back after a court ruling reversed the decision. #cybersecurity #safety.

Zhipu is releasing its biggest open-source model to date, joining a growing number of Chinese firms ramping up their free artificial intelligence offerings. #Zhipu #ArtificialIntelligence.

Gwyneth Paltrow was previously married to Coldplay singer Chris Martin.It was at a Coldplay concert in Massachusetts that Astronomer’s CEO Andy Byron was caught dancing on the “kiss cam”.#Coldplay #Astronomer.