Friday, November 7, 2025

☕️ Elon Musk wins $1 trillion Tesla payday

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In today's Techpresso:

💰 Elon Musk wins $1 trillion Tesla payday

🙅 Sam Altman says OpenAI wants no government bailout

💥 Google DeepMind AI finds new solutions to unsolved math problem

🛑 US blocks Nvidia from selling AI chips to China

🏎️ Tesla delays Roadster 2 reveal to April Fools' Day

⏳ EU may delay AI Act amid US and tech pressure

🎁 + 10 other news you might like

🔮 + 5 handpicked research papers and tools

💰 Elon Musk wins $1 trillion Tesla payday LINK

  • Tesla shareholders have approved Elon Musk’s new compensation package, a plan potentially worth $1 trillion that is broken into 12 tranches tied to difficult operational and profit goals.
  • One of the plan’s main hurdles requires Tesla to steadily increase its market capitalization from about $1.5 trillion today all the way up to $8.5 trillion in a decade.
  • Musk encouraged the vote by claiming the package is the best way to get more control, saying he needs around 25% ownership to manage the “robot army” Tesla is building.
  • 🙅 Sam Altman says OpenAI wants no government bailout LINK

  • OpenAI CFO Sarah Friar asked for a government "backstop" on infrastructure loans, a guarantee where taxpayers would cover defaults, to make financing cheaper for getting the latest, greatest chips.
  • CEO Sam Altman quickly stated on X that his company does not want federal guarantees for datacenters, adding that the public should not bail out any firms that make bad business decisions.
  • He did specify that loan guarantees were discussed for one thing: helping the buildout of semiconductor fabs in the US, a program where OpenAI did not formally apply.
  • 💥 Google DeepMind AI finds new solutions to unsolved math problem LINK

  • Google DeepMind's AlphaEvolve AI, in collaboration with mathematicians, discovered novel constructions for several challenges by testing and refining algorithmic solutions across 67 different complex math problems.
  • The AI produced a promising new construction for Nikodym sets and found lower-order improvements for the finite field Kakeya problem, inspiring a forthcoming paper from mathematician Terence Tao.
  • For a 3D version of the classic 'moving sofa' problem, the agent generated a novel construction with a verified volume of at least 1.81, which researchers believe surpasses known candidates.
  • 🛑 US blocks Nvidia from selling AI chips to China LINK

  • The White House has informed federal agencies it will not permit Nvidia to sell its latest scaled-down AI chip, the B30A, to companies currently operating within the nation of China.
  • Since the B30A can train large language models when arranged in clusters, Nvidia is now working to modify its design in hopes the U.S. administration reconsiders the recent sales ban.
  • Meanwhile, Beijing has issued guidance requiring new state-funded data center projects to use only domestically developed chips, which effectively blocks Nvidia from a valuable segment of the market.
  • 🏎️ Tesla delays Roadster 2 reveal to April Fools' Day LINK

  • CEO Elon Musk announced the second-generation Roadster will be shown on April 1, 2026, a date he jokingly picked to have "deniability" should another deadline be missed.
  • This final car "will be very different from what was shown previously" and is not expected to enter production until 12 to 18 months after its 2026 unveiling.
  • As a gesture to "long-suffering" customers, people who preordered the $250,000 "Founders Series" edition back in 2017 are invited to attend the vehicle's official presentation event.
  • ⏳ EU may delay AI Act amid US and tech pressure LINK

  • The European Commission is considering "targeted implementation delays" for its AI Act, a significant policy reversal following intense lobbying from U.S. tech giants and political pressure from Washington.
  • EU officials frame the potential pause as a "simplification process" meant to clarify technical standards, addressing industry complaints about the law's lack of legal certainty for developers.
  • Tech companies are divided, with Meta refusing to sign the voluntary AI Code of Practice while Google offers reserved support and Microsoft positions itself as a key strategic partner.
  • Other news you might like

    Latest research and tools

    Updated practice for review articles and position papers in ArXiv CS category: review articles and position papers submitted to arXiv's computer science category must now be peer-reviewed and accepted by a journal or conference before submission.LINK

    Dillo, a multi-platform graphical web browser: Dillo: a multi-platform web browser known for its speed, small footprint, and focus on user security and privacy.LINK

    Open Source Implementation of Apple's Private Compute Cloud: OpenPCC: an open-source framework that allows users to run AI models on their own infrastructure while keeping prompts, outputs, and logs completely private.LINK

    NoLongerEvil-Thermostat – Nest Generation 1 and 2 Firmware: NoLongerEvil-Thermostat: a custom firmware for first and second-generation Nest thermostats that disconnects them from Google's servers, allowing for independent operation and giving users complete control over their device.LINK

    Pg_lake: Postgres with Iceberg and data lake access: an extension for Postgres that integrates Iceberg tables and data lake files, enabling direct queries on data in object storage like S3 with full transactional support.LINK


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