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THE DAILY INDEX

Technology, AI, software, security, crypto and business

Across today’s newsletters

Today’s Index

ZUCKERBERG LEADS AI RECRUITMENT BLITZ ARMED WITH $100 MILLION PAY PACKAGES

Mark Zuckerberg has personally reached out to hundreds of researchers, scientists, infrastructure engineers, product stars, and entrepreneurs to try to get them to join a new Superintelligence lab. He is offering them hundreds of millions of dollars and in at least one case discussed buying a startup outright. Despite the financial incentives, some potential candidates have been hesitant to join Meta. It is unclear how successful Zuckerberg's efforts will ultimately be - OpenAI has given counteroffers to people Meta has tried to poach.

FEDERAL RESERVE REMOVES 'REPUTATIONAL RISK' FROM BANK EXAMINATIONS

The Federal Reserve has eliminated “reputational risk” as a factor in bank exams, aligning with the OCC and FDIC in removing a key regulatory barrier that critics say fueled discriminatory debanking of crypto firms. The change may allow banks to reengage with digital asset companies without fear of regulatory backlash. The move marks a notable shift in U.S. banking supervision amid political scrutiny of Operation Chokepoint 2.0 and growing pressure to clarify crypto access.

COURT FILINGS REVEAL OPENAI AND IO'S EARLY WORK ON AN AI DEVICE

Legal filings submitted as part of a trademark dispute reveal details about OpenAI and io's efforts to build a mass-market AI hardware device. The companies have been vigorously researching in-ear hardware devices. However, io's chief hardware officer said in court that the prototype OpenAI CEO Sam Altman missioned in io's launch video was not an in-ear device nor a wearable device. The design of the prototype has not yet been finalized and the product is at least a year away from being advertised or offered for sale.

NEW YORK TO BUILD ONE OF FIRST U.S. NUCLEAR-POWER PLANTS IN GENERATION

New York plans to build a large nuclear power facility to add at least 1 gigawatt of energy, enough to power about a million homes. The New York Power Authority will find a site in upstate New York and determine the reactor's design. It may pursue the project alone or in partnership with private entities. The US nuclear industry has struggled for more than three decades to do much more than manage existing plants because of safety concerns, huge cost overruns, and a permitting process that moves at a glacial pace. This project could help jump-start a new era of US nuclear reactor construction.

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