Who decides our tomorrow? Challenging Silicon Valley’s power - Coda Story
SILICON VALLEY, JUL 22 – Meta offers AI researchers compensation packages up to $300 million while OpenAI raises $40 billion, highlighting Silicon Valley's growing financial influence in AI development.
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Palmer Luckey Once Brutally Bashed Silicon Valley's Obsession With Easy Cash: 'All The Money Went To Paying People To Do Things That Were A Waste Of Time'
In a conversation last year, defense tech entrepreneur Palmer Luckey criticized Silicon Valley's obsession with "easy money" ventures, saying a tighter funding environment is finally forcing founders to solve real-world problems. What Happened: Appearing on Bloomberg's The Circuit in May 2024, Luckey, the founder of Anduril Industries, reflected on the dramatic shift in the tech startup landscape as zero interest rates faded and funding dried up…
Who decides our tomorrow? Challenging Silicon Valley’s power - Coda Story
The numbers are staggering: Meta is offering AI researchers total compensation packages of up to $300 million over four years, with individual deals like former Apple executive Ruoming Pang's $200 million package making headlines across Silicon Valley. Meanwhile, OpenAI just raised $40 billion, with the company valued at $300, reportedly the largest private tech funding round in history. But beneath these eye-watering dollar figures lies a prof…
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