GM! It’s Brett again. We’re coming out of stealth on October 8th at an AI-themed hacker house in SF during a16z’s SF Tech Week.

If you’re in town, I’d love to see you there! RSVP here.

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🏠 AI

Days of Our AIs

Last week, OpenAI's C-suite had a major exodus. CTO Mira Murati peace'd out after six years, followed by Chief Research Officer Bob McGrew and VP of Research Barret Zoph.

Behind the scenes, OpenAI's eyeing a massive restructure. They're looking to ditch their nonprofit roots and go full-on for-profit. CEO Sam Altman stands to score a 7% equity stake in this new setup. That 7% stake would be worth $10.5B.

Not too shabby.

This pivot comes as OpenAI's value is through the roof - we're talking a potential $150B valuation. And all this drama's unfolding right before their DevDay conference.

Ironically, Murati tweeted in 2023 that "OpenAI is nothing without its people."

Now, that's coming back to bite as folks on tech Twitter are having a field day with it.

The big picture: Their former chief scientist Ilya Sutskever's new venture, Safe Superintelligence (SSI), is already as a key player in the ethical AI space. Now that OpenAI shifts towards a more profit-driven model, SSI’s position as the guardians of ethical AI is even stronger.

In the end, this isn't just about OpenAI's internal shakeup. It's about the future direction of AI itself. The coming months will likely see increased debate and competition around balancing innovation with safety in AI.

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🤝 THE LATEST IN…

TECH

• Starlink hits 4M subscribers.

• International Space Station has cracks and air leaks.

• ByteDance is shutting down TikTok Music.

• People you block on X (Twitter) will still be able to see your posts.

• Alibaba & Nvidia teaming up to make your car smarter.

• New CAPTCHA scam is tricking people into installing malware.

AI

• Letta, the open alternative to OpenAI, came out of stealth.

• Google released two upgraded Gemini 1.5 models.

• ChatGPT’s got new voices.

• Spotify introduced AI playlist in beta.

• Goldman’s top stock guy says the AI hype might be blowing up a bubble.

SCIENCE

• CERN just caught an ultra-rare particle decay that could shake up our whole understanding of physics.

• Archaeologists use AI to discover 303 unknown geoglyphs.

• Another Franklin expedition crew member has been identified.

• Our brains have ‘Shrek cells’ that light up for pronouns.

CRYPTO

• South Korean crypto exchange considers Nasdaq listing.

• FTX reserving ~$230M from government forfeiture for shareholders instead of creditors.

• Crypto whale loses $32M in phishing attack.

• Fed’s Rate Cuts to sliced $625M in Stablecoin interest income.

🏃‍♀️ QUICKIES

Raise: Whatfix, a digital adoption platform, raised $125M in a Series E round to further accelerate its in-app guidance solutions for enterprises.

Stat: $300. That’s the price of Meta’s new Quest 3S, their cheapest mixed reality headset yet.

Rabbit Hole: When to do what you love (Paul Graham)

🤩 MONDAY MOTIVATION

🛠️ FOUNDERS CORNER

The best resources we recently came across that will help you become a better founder, builder, or investor.

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🗓️ Reclaim is the perfect workweek scheduler

🎨 Navier makes CFD simulations 1000x faster

❓️ AI GENERATED OR NOT

Last week’s answer: If you guessed AI-generated… you were wrong. Here’s the original.

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