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Hi there, this is your daily ☕️ Techpresso.

In today's Techpresso:

🤖 Apple is reportedly building a ChatGPT rival

💰 Tesla awards Elon Musk $29 billion in stock

🕵️ North Korean spies posing as remote workers have infiltrated hundreds of companies

🧠 AI engineers reject Meta's $1.5 billion offers

🚗 Baidu partners with Lyft to launch robotaxis

🎁 + 13 other news you might like

🔮 + 3 handpicked research papers and tools

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🤖 Apple is reportedly building a ChatGPT rival LINK
  • A new team called Answers, Knowledge and Information, or AKI, is reportedly building Apple's ChatGPT rival, an internal project known as an "answer engine" to offer AI-powered search.
  • The rumored "answer engine" is being explored to fill a product gap, as Apple currently lacks a standalone app with the AI-powered search capabilities found in competing products.
  • This project marks a notable shift, since Apple previously dismissed building its own chatbot by citing a lack of consumer interest before AI search saw a sharp rise in popularity.
💰 Tesla awards Elon Musk $29 billion in stock LINK
  • Tesla's board has granted Elon Musk a new $29 billion stock award as a stopgap measure while the company appeals a court decision that previously voided his larger $56 billion package.
  • The grant shares vest over two years if Musk stays as CEO or a senior executive, but the entire plan is forfeited if the original 2018 pay deal is legally reinstated.
  • This award gradually gives Musk additional voting power to cement his control over the company, a concern he previously raised about his 13% stake and the risk of being ousted by investors.
🕵️ North Korean spies posing as remote workers have infiltrated hundreds of companies LINK
  • CrowdStrike investigated over 320 incidents last year where North Korean operatives from a group called Famous Chollima successfully infiltrated companies by securing remote jobs as IT workers around the world.
  • The group uses generative AI to assist with its operations, including drafting fake resumes, creating false identities, and even completing technical coding assignments during the online hiring process.
  • These operatives target companies in the US, Europe, and Latin America, often working three to four remote jobs at the same time to earn salaries that are sent back to Pyongyang.
🧠 AI engineers reject Meta's $1.5 billion offers LINK
  • Meta CEO Mark Zuckerberg reportedly offered engineer Andrew Tulloch a $1.5 billion compensation package to join his new Superintelligence Labs, but the influential researcher ultimately turned down the proposal.
  • Following their co-founder, the entire staff at Thinking Machines Lab, including CEO Mira Murati, also rebuffed Meta's hiring attempts and dismissed discussions about a potential company acquisition.
  • This situation reflects a broader trend where elite AI talent now prioritizes a company's mission, leadership, and creative freedom over receiving exceptionally large financial offers from major tech corporations.
🚗 Baidu partners with Lyft to launch robotaxis LINK
  • Baidu plans to launch its Apollo Go robotaxis on the Lyft app in Germany and Britain during 2026, but the companies must first get approval from local regulators.
  • After the initial rollout, the partnership intends to expand the fleet of driverless cars to thousands of vehicles that will be deployed across more unspecified countries in Europe.
  • This move follows Baidu's similar agreement to put its self-driving taxis on Uber in Asia and comes after Lyft's own acquisition of the German taxi app Freenow.

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Other news & articles you might like

  • Amazon shuts down Wondery podcast studio, cuts 110 jobs LINK
  • Bad news for anyone eagerly awaiting the iPad Fold LINK
  • China deploys breakthrough super steel to build nuclear fusion generation reactor LINK
  • Leak claims the PS6 could have triple the performance as the PS5 for the same price LINK
  • Hackers weaponize GenAI to boost cyberattacks LINK
  • Xiaomi launches open‑source AI voice model for cars and homes LINK
  • Goldman’s Apple Card Partner Faces Uncertain Future LINK
  • A.I. Has Ushered in Silicon Valley’s ‘Hard Tech’ Era LINK
  • Mastercard denies pressuring game platforms, Valve tells a different story LINK
  • Airbnb guest says host used AI-generated images in false $9,000 damages claim LINK
  • OpenMind wants to be the Android operating system of humanoid robots LINK
  • Apple Reportedly Developing Its Own Custom Image Sensor for iPhone LINK
  • How Tech Firms Like Google and Meta Are Embracing the Military LINK

Trending research and tools

HTMX: a library for creating modern, interactive web pages by writing attributes directly in HTML, avoiding the need for large amounts of custom JavaScript. LINK
GHz spiking neuromorphic photonic chip with in-situ training: researchers created a brain-inspired chip that uses light to operate at gigahertz speeds and can be trained directly on the hardware. LINK
Type-Level TypeScript Parser: a tool that parses TypeScript type definitions and is uniquely written entirely within TypeScript's own type system, using no runtime code. LINK


Disclaimers

Mode Mobile recently received their ticker reservation with Nasdaq ($MODE), indicating an intent to IPO in the next 24 months. An intent to IPO is no guarantee that an actual IPO will occur.

The Deloitte rankings are based on submitted applications and public company database research, with winners selected based on their fiscal-year revenue growth percentage over a three-year period.

Please read the offering circular and related risks at invest.modemobile.com.

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