George Hammond
@georgehammond.bsky.social
📤 3404
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@financialtimes.com
Venture Capital correspondent, based in SF
reposted by
George Hammond
Financial Times
9 months ago
Elon Musk calls on California and Delaware to force auction of OpenAI stake
https://www.ft.com/content/596dddb3-0607-44b9-b565-9c0d62e49b9f
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Elon Musk calls on California and Delaware to force auction of OpenAI stake
Latest salvo in legal battle over ChatGPT-maker’s restructuring as a for-profit company
https://www.ft.com/content/596dddb3-0607-44b9-b565-9c0d62e49b9f
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Scoop: Elon Musk's attorney is pushing OpenAI to auction off a large stake in its business, opening a new front in his fight with the Sam Altman. Free link here:
on.ft.com/4j7TlRc
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Elon Musk calls on California and Delaware to force auction of OpenAI stake
[FREE TO READ] Latest salvo in legal battle over ChatGPT-maker’s restructuring as a for-profit company
https://on.ft.com/4j7TlRc
9 months ago
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I profiled Trump's new AI and crypto tsar David Sacks over the weekend. Those who know him describe a man who is controversial, theatrical - and offensive to those who take him literally but irreverent and witty to those who do not. Free article below
on.ft.com/3ZEDPDu
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David Sacks, from ‘PayPal mafia’ to Trump’s AI and crypto tsar
Silicon Valley investor and podcast host has joined Elon Musk in securing a key role in incoming US administration
https://on.ft.com/3ZEDPDu
9 months ago
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reposted by
George Hammond
Financial Times
9 months ago
David Sacks, from ‘PayPal mafia’ to Trump’s AI and crypto tsar
https://www.ft.com/content/82e859c8-ab66-47ad-bea0-11277bcd7a86
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David Sacks, from ‘PayPal mafia’ to Trump’s AI and crypto tsar
Silicon Valley investor and podcast host has joined Elon Musk in securing a key role in incoming US administration
https://www.ft.com/content/82e859c8-ab66-47ad-bea0-11277bcd7a86
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SCOOP w/ Cristina Criddle OpenAI is discussing removing its “AGI” clause - which shuts out its biggest investor Microsoft from future AGI models - from its corp structure. That would extend MSFT's access to OpenAI's post-AGI tech in return for continued investment
www.ft.com/content/2c14...
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OpenAI seeks to unlock investment by ditching ‘AGI’ clause with Microsoft
Start-up discusses removing provision to protect powerful technology from being misused for commercial purposes
https://www.ft.com/content/2c14b89c-f363-4c2a-9dfc-13023b6bce65#comments-anchor
10 months ago
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Scoop w/
@mshannahmurphy.bsky.social
: Marc Andreessen has been helping with interviews for Elon Musk's DOGE. That should give some indication of Trump's likely tech policy, and helps explain why the president-elect is using terms like "Little Tech"
www.ft.com/content/1f14...
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Marc Andreessen helps to recruit staff for Elon Musk’s US cost-cutting body
Venture capitalist has role in interviewing and identifying candidates for new Department for Government Efficiency
https://www.ft.com/content/1f14799f-69a1-41cb-bf7f-6f16f9ad4a8b
10 months ago
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reposted by
George Hammond
Hannah Murphy
10 months ago
ICYMI: - Boris Johnson recently renewed an acquaintance with Elon Musk, having been reintroduced by Sriram Krishnan, a London-based VC - Tony Blair and Musk have been speaking on the phone recently - The Nigel Farage-Musk bromance deepens Scoop w/
@annasophiegross.bsky.social
on.ft.com/41jRWRb
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Elon Musk is attacking Britain. Former PMs are building ties
[FREE TO READ] A London-based VC has connected Boris Johnson and the Tesla chief, who Tony Blair has praised as ‘an extraordinary innovator’
https://on.ft.com/41jRWRb
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“There are few adages in tech that really hold up,” said one investor in Musk’s companies. “Never bet against Elon is one.” New report with
@tabbykinder.bsky.social
looking at how xAI's soaring valuation is a big win for Twitter investors.
www.ft.com/content/5c9c...
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Elon Musk’s Twitter backers gain windfall from xAI deal
Investors hit by losses following billionaire’s takeover of social media platform reap rewards from shares in his AI start-up
https://www.ft.com/content/5c9ca1f6-b6fe-4c96-84e2-38e3eee90f3b
10 months ago
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European AI darling Mistral its planting a flag in Silicon Valley, competing for talent with its bigger rivals OpenAI and Anthropic.
www.ft.com/content/71e8...
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Europe’s Mistral expands in Silicon Valley in hunt for AI staff
Paris-based group considers moving co-founder to growing Bay Area office as it hires scientists, engineers and sales specialists
https://www.ft.com/content/71e8248d-b473-47fa-979d-172bfa75df3e
10 months ago
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reposted by
George Hammond
Hannah Murphy
10 months ago
Trump has vowed to crack down on universities involved in misinformation research, or what he dubs the "censorship cartel" - e.g. by curbing funds to those that have "flagged content for removal”, or legal threats “I'm pretty fucking scared," one professor tells me.
www.ft.com/content/bfb4...
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Donald Trump’s return sends shivers through the anti-misinformation world
Vow to crack down on the ‘censorship cartel’ has researchers worried — and Big Tech is on notice
https://www.ft.com/content/bfb404e8-aa7e-4795-a60c-454a310293cc
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“Diversification is for people that don’t know what they’re doing. Investors are paid to know what they’re doing." Josh Kushner's Thrive Capital is shaking up venture capital. Today's @FT big read asks whether it can pull off being a $5bn boutique.
www.ft.com/content/44c4...
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Thrive Capital: the venture firm staking billions on a few big bets
The ‘all in or all out’ approach of Josh Kushner’s VC business inverts the traditional venture model. Will it pay off?
https://www.ft.com/content/44c4504c-8d79-4b09-bf72-b04cf8082736
10 months ago
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