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Tesla proposes new pay package for Elon Musk worth up to $1T: Tesla has proposed a new 10-year compensation plan for CEO Elon Musk that could be worth as much as $1 trillion even as the EV maker's car business stumbles and it sets its sights on humanoid robotics and AI. Read More

OpenAI hires the team behind Xcode coding assistant Alex Codes: Acqui-hires feel like they're here to stay: the team behind Alex Codes, which built a popular tool that let devs use AI models within Apple's development suite Xcode, is joining OpenAI. Read More

Scale AI's former CTO launches AI agent that could solve big data's biggest problem: Isotopes, co-founded by Arun Murthy, launched a sophisticated analytics agent. Arun was one of the creators of Hadoop who later joined Scale AI. Read More

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Morning Must-Reads

Tesla shareholders to vote on investing in Musk's AI startup xAI: A shareholder proposal would allow Tesla to invest in Elon Musk's rival AI firm, xAI if approved. Tesla's board didn't recommend one way or another. Read More

Snapchat's new Lens lets you create AI images using text prompts: Imagine Lens allows users to create, edit, and recreate Snaps by entering their own prompts. Read More

Rivian makes its second small workforce cut of the year ahead of R2 SUV launch: The company previously laid off around 140 workers in its manufacturing division in June. Read More

Bret Taylor's Sierra raises $350M at a $10B valuation: Customer service AI agent startup Sierra claims to have hundreds of customers, including SoFi, Ramp, and Brex, among others. Read More

Mark Zuckerberg sues Mark Zuckerberg: Mark S. Zuckerberg, an attorney, says that he's losing business because his Facebook business profile keeps getting disabled. Read More

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Last but Not Least

Facebook is trying to make 'pokes' happen again: The poke-tracking feature is largely designed to appeal to younger users who have grown up with gamification elements built into their social apps, like Snapchat and TikTok Streaks. Read More