The New York tech sector is gearing up to collaborate with Mayor-elect Zohran Mamdani, signaling a promising future for innovation in the city. This comes amid discussions about AMD's earnings and ongoing investor concerns regarding AI valuations. Additionally, Tesla's shareholders are preparing to vote on a significant $1 trillion pay package for Elon Musk, which could have major implications for the company's direction. The convergence of these events highlights the dynamic nature of the tech landscape in New York and its potential impact on the economy.

Tesla is gearing up for its first annual shareholder meeting in Texas, where a key topic will be Elon Musk's proposed $1 trillion pay package. This meeting is significant as it marks a new chapter for Tesla under Texas law, and the outcome could have major implications for corporate governance and executive compensation practices. With insights from Shane Goodwin, an expert in corporate governance, the discussions are expected to shed light on how shareholders view Musk's compensation in relation to the company's performance.

Elon Musk's ambitious $1 trillion pay proposal for Tesla is facing significant pushback from Norway's $2 trillion wealth fund, which has raised concerns about the potential impact on shareholders and the overall size of the compensation package. This resistance highlights the ongoing debate over executive pay and its implications for corporate governance, making it a crucial issue for investors and stakeholders alike.

Grok AI, developed by xAI under Elon Musk, is making waves in the crowded AI market by offering a chatbot that is witty, sarcastic, and unapologetic. Unlike typical AI assistants that aim for politeness, Grok embraces a more authentic approach, tackling uncomfortable questions head-on. This unique personality sets it apart and could redefine user expectations for AI interactions, making it a noteworthy development in the tech landscape.

In a surprising turn of events, Trump has re-nominated Jared Isaacman to lead NASA, following significant pressure from influential figures like Elon Musk. This decision comes after concerns were raised about Transportation Secretary Sean Duffy's qualifications for the role.

Bloomberg's Caroline Hyde and Ed Ludlow highlight the recent decline in tech shares amid rising concerns about the sustainability of the AI rally. They also analyze earnings reports from companies like Palantir, Uber, Spotify, and Grab. Additionally, the world's largest sovereign wealth fund has voted against Tesla's proposed pay package for CEO Elon Musk.

Elon Musk's ambitious $1 trillion performance pay package faces another setback as Norway's wealth fund votes against it. This decision highlights ongoing challenges Musk encounters in securing support from major shareholders.

A secret lab run by Elon Musk is reportedly gathering data on a wide range of human activities, from mundane tasks like wiping a table to more dynamic actions like twerking. This initiative aims to enhance the training of robots, potentially leading to more advanced and capable machines. The implications of this data collection are significant, as it could revolutionize how robots interact with humans and perform tasks in various environments.