Equity

OpenAI just made an offer the government can't refuse

10 snips
Aug 8, 2025
Rebecca Bellan and Sean O’Kane, seasoned reporters in mobility and technology, dive into OpenAI's bold $1-per-year deal with the U.S. government, aimed at integrating AI into federal operations. They discuss the potential implications for generative AI across administration to national security, as well as how competitors like Google and Amazon may respond. The duo also critiques Tesla’s board re-upping Musk's pay and reflects on urban air mobility trends highlighted by Joby Aviation's acquisition of Blade. Unexpected turns in AI's role in the fashion industry add to the conversation.
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INSIGHT

Musk Seeks Control With New Pay Award

  • Elon Musk's board approved a massive stock award tied to regaining control and steering Tesla toward AI and robotics.
  • Sean O'Kane notes the award's timing and scale invite skepticism given Tesla's recent business headwinds.
INSIGHT

Joby Buys Blade's Infrastructure

  • Joby acquired Blade's passenger helicopter business to secure established routes, helipads, and airport access in key markets.
  • Kirsten Korosec says Joby treats the deal primarily as an infrastructure play to accelerate future air taxi services.
ANECDOTE

CEO Invented A Fake PR Person

  • Blade's CEO reportedly fabricated a PR persona named Simon McLaren and used it to contact journalists and shape coverage.
  • Sean O'Kane recounts the episode as an unusually odd PR stunt from the mobility boom era.
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