🚀 Elon Threatened Tesla Board

PLUS: Microsoft Overtakes Apple, OpenAI’s Plan to Combat Election Misinformation

Dear founder, here’s your 3-minute recap (without the fluff):

  • Elon Musk wants more voting control over Tesla

  • Microsoft overtakes Apple as the most valuable public company

  • OpenAI’s plan to combat election misinformation

  • New tools, funding updates & job postings

In Partnership With

🛠️ Tools

Lovo AI - An AI voice generator and text-to-speech tool for creating realistic voiceovers to save time and money in content production (link)

CreativAI - An AI writing assistant helps to create content up to 10x faster (link)

đź“š Resources

A crazy $8.4M/year business problem along with a detailed plan (link)

The story of a kid who made $10M in his first year of business (link)

The secret success formula of business magnate James Dyson (link)

100 AI startups raised nearly $50 billion in 2023 (link)

PS. If you’re interested in this AI stuff, you should sign up for our other newsletter - Prompts Daily. It has 100,000+ readers (Executives, VCs, and engineers). Sign up with one click.

🗞️ News 

Elon Musk Wants More Control of Tesla

Elon Musk pushes Tesla for 25% voting control, threatening to take AI and robotics ventures elsewhere. Despite holding just 13% of Tesla, he sold $40 billion in shares for Twitter. Facing criticism over Tesla's market slump and drug use concerns, Musk awaits a court ruling on a shareholder's claim. Tesla shares dipped 2.7%, marking its weakest-year start, with a market cap now at $695.8 billion. Musk, once worth $206.1 billion, insists on voting sway as Tesla navigates challenges and his AI ambitions unfold.

Microsoft, the World's Most Valuable Public Company

Microsoft takes the lead over Apple as the world's most valuable public company, boasting a $2.88 trillion market cap. A $1 trillion surge in the past year is credited to Microsoft's pioneering investments in generative AI, with a significant stake in OpenAI. While Microsoft's shares rise due to AI integration, Apple struggles with weakening iPhone demand and a 3.3% stock drop in January. Microsoft's success reflects evolving tech dynamics, emphasizing AI and cloud computing, while Apple grapples with challenges in a changing landscape.

OpenAI’s Plan to Combat Election Misinformation

OpenAI is tackling election misinformation by forbidding its tools, like ChatGPT, from being used to fake candidates or governments. They're also against using the tools for campaigns, lobbying, or discouraging voting. OpenAI plans to add digital credentials to images to spot fake content, and their tools will guide U.S. voting questions to CanIVote.org. However, it's a work in progress, relying on users reporting issues.

đź’° Funding

AppDirect secures $100 million from CDPQ to expand financing program for tech businesses (link)

Quora secures $75 million from Andreessen Horowitz to boost Poe, its AI chatbot platform (link)

đź’Ľ Job Board

Vertical AI Solutions Manager at Intel (US)

Product Manager, Core ML at Dropbox (Remote)

That’s it for now!

Hope you enjoyed this week’s edition! See you next week.

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