Tesla's board has unveiled an unprecedented compensation plan for CEO Elon Musk, aiming to make him potentially the world's first trillionaire. The plan requires Tesla to reach a valuation of $8.5 trillion, significantly up from its current $1.1 trillion, and Musk to achieve various ambitious goals, including the deployment of one million autonomous taxis and robots. Critics see the plan as excessively rewarding despite Musk's controversial leadership. A shareholder vote is scheduled for November 6.
Anthropic, a leading AI company, has agreed to a $1.5 billion settlement with authors and publishers over the unauthorized use of copyrighted books to train its chatbot, Claude. This settlement, the largest in U.S. copyright case history, reflects growing legal and ethical scrutiny over AI's use of copyrighted material, hinting at stricter copyright law enforcement in the tech industry. Each affected author will receive $3,000, highlighting the significant implications for AI companies and copyright holders moving forward.
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