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THE DAILY INDEX

Technology, AI, software, security, crypto and business

HEADLINES & LAUNCHES

TLDR AI

OPENAI REPORTEDLY PLANS TO DOUBLE ITS WORKFORCE TO 8,000 EMPLOYEES

OpenAI plans to expand its workforce from 4,000 to 8,000 by the end of the year. The new hires will be across several departments, including product development, engineering, research, and sales. The hiring spree will include specialists for technical ambassadorship, employees who will help businesses better utilize their AI tools. The company is currently in advanced talks with private equity firms to deploy its tools across a firm's portfolio of companies.

ELON MUSK ANNOUNCES TERAFAB PROJECT HE CLAIMS WILL BE THE 'LARGEST CHIP MANUFACTURING FACILITY EVER'

Elon Musk announced Terafab, a $20 billion joint venture by Tesla, SpaceX, and xAI to build the world's largest chip manufacturing facility, aiming to generate a terawatt of computing power annually. The facility in Austin, Texas, will produce chips for terrestrial uses, like self-driving cars, and space use, supporting projects such as the proposed orbital data center. Despite Musk's ambitious claims, he has underdelivered on past ventures like Hyperloop and fully autonomous driving.

WE TESTED MINIMAX M2.7 AGAINST CLAUDE OPUS 4.6

MiniMax M2.7 offers 90% of the quality of Claude Opus 4.6 at just 7% of the cost, excelling in bug detection but less thorough in fixes. It performs better in floating-point calculations and matches Claude in vulnerability detection, though Claude provides more comprehensive solutions. With rates of $0.30/$1.20 per million tokens versus Claude's $5/$25, MiniMax is a cost-effective tool that bridges the gap between open-weight and frontier models.

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