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There is a notable rise in H-1B selection rates, even as the number of petitions decreases. This and more in today’s ETtech Top 5.
Happy Wednesday! Experts have raised concerns over the proposed amendments to the IT rules. This and more in today’s ETtech Morning Dispatch.
B2B startup Zetwerk has filed a confidential prospectus with the markets regulator for a public listing. This and more in today's ETtech Top 5.
Tech Bytes
Won’t ‘forget nor forgive’ 2017 ouster with Travis Kalanick: former Uber executive Emil Michael
Emil Michael, ex-Uber executive, vows never to forgive Benchmark Capital for his 2017 exit alongside founder Travis Kalanick. The investor revolt reshaped Uber amid scandals. Michael now works for the Pentagon. Kalanick has launched a new robotics venture, Atoms, after years of silence, choosing stealth to avoid media scrutiny.
Trump administration defends Anthropic blacklisting in US court
Defense Secretary Pete Hegseth designated Anthropic, the maker of popular AI assistant Claude, a national security supply chain risk on March 3 after the company refused to remove guardrails against its technology being used for autonomous weapons or domestic surveillance.
Elon Musk says proceeds from any legal win against OpenAI will go to charity
Musk cofounded OpenAI in 2015 with Sam Altman and Greg Brockman, as a non-profit lab to develop AI for humanity's benefit, with open research publication. Musk's suit, filed in California in early 2024, claims that he contributed over $40 million to the AI company, expecting it to stay non-profit and open-source. He alleges that the company went against the founding principles when it formed a for-profit arm and partnered closely with Microsoft.
