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Watch: Elon Musk, Sam Altman and the rest of the billionaires are fighting over the future of AI

The scrap over who should run OpenAI, and how it should be managed is still the hottest topic in tech. Most recently, former co-founder and backer Elon Musk sued the AI company best known for ChatGPT and its work with Microsoft for what he considers to be an abandonment of its founding principals. That suit […]

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Why does every startup want to help you get paid?

Welcome to TechCrunch Fintech (formerly The Interchange)! This week, we’re looking at the piping hot global payroll space, neobank Dave’s financial results and related stock boost, and more! To get a roundup of TechCrunch’s biggest and most important fintech stories delivered to your inbox every Sunday at 7:30 a.m. PT, subscribe here. The big story

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Turnitin laid off staff earlier this year, after CEO forecast AI would allow it to cut headcount

People worry that advances in AI will lead to job losses, but rarely does a company’s CEO openly admit that AI will help to reduce their headcount. Turnitin, a plagiarism detection company whose CEO Chris Caren last year warned that, in 18 months, his company would be able to reduce 20% of its headcount thanks

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Tesla’s Berlin factory to shut down for days after suspected arson attack cuts power

Tesla’s factory outside Berlin, Germany will likely be shut down for days and cost the automaker more than $100 million, after a suspected arson attack on the local power grid. The fire didn’t spread to Tesla’s factory and nobody was harmed, though employees were evacuated. Thousands of residents in the area also briefly lost power

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Taiko raises $37M to build web3 infrastructure for a censorship-free internet

Amid the speculation and volatility in the casino-like crypto land, there remains a subset of individuals who espouse blockchain’s potential to decentralize various aspects of human activities for the greater good. Taiko‘s founder Daniel Wang is one of these idealistic founders. A serial entrepreneur, Wang initially wanted to bring decentralization to social platforms. Decentralized networks

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