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Director Jim Jarmusch ‘disappointed and disconcerted’ by Mubi’s funding from Sequoia | TechCrunch

Director Jim Jarmusch ‘disappointed and disconcerted’ by Mubi’s funding from Sequoia | TechCrunch

Veteran indie filmmaker Jim Jarmusch premiered his new movie “Father Mother Sister Brother” today at the Venice Film Festival, where journalists asked him about Mubi, the streaming platform that co-produced the film — specifically, about Mubi’s recent $100 million funding round led by Sequoia Capital.

“I was disappointed and disconcerted by this relationship,” Jarmusch said, while noting that his own “relationship with Mubi started much before that, and they were fantastic to work with on this film.”

Numerous filmmakers — including those with ties to Mubi — signed an open letter criticizing the streamer for accepting money from Sequoia and saying that the firm’s backing of Israeli defense tech startup Kela meant that “Mubi’s financial growth as a company is now explicitly tied to the genocide in Gaza.” (Mubi’s founder and CEO subsequently insisted that “any suggestion that our work is connected to funding the war is simply untrue.”)

For his part, Jarmusch said at his film’s press conference that he’s “not the spokesman” for Mubi, but rather an independent filmmaker who’s “taken money from various sources to fund my films.”

“All corporate money is dirty,” he said.

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#Director #Jim #Jarmusch #disappointed #disconcerted #Mubis #funding #Sequoia #TechCrunch

In March, Honda announced it would take a writedown of up to 2.5 trillion yen ($15.7 billion) on its EV investments. Now Honda says its EV-related losses will be “resolved” by 2029, and that it will reevaluate its EV plans in 2030.

#Hondas #hybrid #future #starts #Accord #RDX #prototypesCars,Honda,News,Transportation">Honda’s hybrid future starts with new Accord and RDX prototypesHonda revealed prototypes of two new hybrid models, an Accord sedan and the Acura RDX SUV, during its annual business briefing this week, built on a platform that it says will begin launching next year. The RDX was announced earlier this year as Honda’s first SUV to feature the next-gen version of its two-motor hybrid system.In March, Honda announced it would take a writedown of up to 2.5 trillion yen (.7 billion) on its EV investments. Now Honda says its EV-related losses will be “resolved” by 2029, and that it will reevaluate its EV plans in 2030.#Hondas #hybrid #future #starts #Accord #RDX #prototypesCars,Honda,News,Transportation

Accord sedan and the Acura RDX SUV, during its annual business briefing this week, built on a platform that it says will begin launching next year. The RDX was announced earlier this year as Honda’s first SUV to feature the next-gen version of its two-motor hybrid system.

In March, Honda announced it would take a writedown of up to 2.5 trillion yen ($15.7 billion) on its EV investments. Now Honda says its EV-related losses will be “resolved” by 2029, and that it will reevaluate its EV plans in 2030.

#Hondas #hybrid #future #starts #Accord #RDX #prototypesCars,Honda,News,Transportation">Honda’s hybrid future starts with new Accord and RDX prototypes

Honda revealed prototypes of two new hybrid models, an Accord sedan and the Acura RDX SUV, during its annual business briefing this week, built on a platform that it says will begin launching next year. The RDX was announced earlier this year as Honda’s first SUV to feature the next-gen version of its two-motor hybrid system.

In March, Honda announced it would take a writedown of up to 2.5 trillion yen ($15.7 billion) on its EV investments. Now Honda says its EV-related losses will be “resolved” by 2029, and that it will reevaluate its EV plans in 2030.

#Hondas #hybrid #future #starts #Accord #RDX #prototypesCars,Honda,News,Transportation
Elon Musk’s newly rebranded SpaceXAI is reportedly losing top talent, with more than 50 researchers and engineers departing since February, according to The Information. The exits include key leaders across coding, world models, and Grok voice. 

Rivals like Meta and Thinking Machine Labs are reportedly scooping up former staff, with the company’s core pre-training team dwindling to just a handful of people. Since February, at least 11 xAI employees have defected to Meta, according to The Information’s report. At least seven have left to join Mira Murati’s Thinking Machine Labs. TechCrunch has previously reported on 11 of the xAI departures announced directly after the merger, including two co-founders.

SpaceX acquired xAI — two companies owned by Musk — in February and has since installed new leadership at the company. Musk renamed the combined company SpaceXAI earlier this month.

The pre-training departures, which followed the exit of team lead Juntang Zhuang, have particularly concerned employees and people close to SpaceXAI, per The Information. Pre-training is the first step to building new AI models, and many have questioned whether the company is still committed to developing leading models. 

The report also found that Musk’s culture of extreme work led some staff to leave — something Musk employees across his companies, including Tesla, have complained about. A source who spoke to The Information said Musk set unrealistic deadlines for training models, which led to cutting corners on Grok. 

Of course, several of the exits could have been driven by a desire to cash out.

SpaceX regularly offers tenders so employees can sell vested shares privately. Others might simply feel confident that their equity is close to liquidity given the company’s blockbuster IPO expectations. Once employees see the financial upside light at the end of the tunnel, they’re less likely to work at a company that puts undue pressure on them and may not be building the leading models they want to work on.

TechCrunch has reached out to SpaceX for comment.

When you purchase through links in our articles, we may earn a small commission. This doesn’t affect our editorial independence.

#Elon #Musks #SpaceXAI #bleeding #staff #merger #TechCrunchElon Musk,SpaceX,spacexai,xAI">Elon Musk’s SpaceXAI has been bleeding staff since its merger | TechCrunch
Elon Musk’s newly rebranded SpaceXAI is reportedly losing top talent, with more than 50 researchers and engineers departing since February, according to The Information. The exits include key leaders across coding, world models, and Grok voice. 

Rivals like Meta and Thinking Machine Labs are reportedly scooping up former staff, with the company’s core pre-training team dwindling to just a handful of people. Since February, at least 11 xAI employees have defected to Meta, according to The Information’s report. At least seven have left to join Mira Murati’s Thinking Machine Labs. TechCrunch has previously reported on 11 of the xAI departures announced directly after the merger, including two co-founders.







SpaceX acquired xAI — two companies owned by Musk — in February and has since installed new leadership at the company. Musk renamed the combined company SpaceXAI earlier this month.

The pre-training departures, which followed the exit of team lead Juntang Zhuang, have particularly concerned employees and people close to SpaceXAI, per The Information. Pre-training is the first step to building new AI models, and many have questioned whether the company is still committed to developing leading models. 

The report also found that Musk’s culture of extreme work led some staff to leave — something Musk employees across his companies, including Tesla, have complained about. A source who spoke to The Information said Musk set unrealistic deadlines for training models, which led to cutting corners on Grok. 

Of course, several of the exits could have been driven by a desire to cash out. 

SpaceX regularly offers tenders so employees can sell vested shares privately. Others might simply feel confident that their equity is close to liquidity given the company’s blockbuster IPO expectations. Once employees see the financial upside light at the end of the tunnel, they’re less likely to work at a company that puts undue pressure on them and may not be building the leading models they want to work on.


TechCrunch has reached out to SpaceX for comment.
When you purchase through links in our articles, we may earn a small commission. This doesn’t affect our editorial independence.#Elon #Musks #SpaceXAI #bleeding #staff #merger #TechCrunchElon Musk,SpaceX,spacexai,xAI

11 of the xAI departures announced directly after the merger, including two co-founders.

SpaceX acquired xAI — two companies owned by Musk — in February and has since installed new leadership at the company. Musk renamed the combined company SpaceXAI earlier this month.

The pre-training departures, which followed the exit of team lead Juntang Zhuang, have particularly concerned employees and people close to SpaceXAI, per The Information. Pre-training is the first step to building new AI models, and many have questioned whether the company is still committed to developing leading models. 

The report also found that Musk’s culture of extreme work led some staff to leave — something Musk employees across his companies, including Tesla, have complained about. A source who spoke to The Information said Musk set unrealistic deadlines for training models, which led to cutting corners on Grok. 

Of course, several of the exits could have been driven by a desire to cash out.

SpaceX regularly offers tenders so employees can sell vested shares privately. Others might simply feel confident that their equity is close to liquidity given the company’s blockbuster IPO expectations. Once employees see the financial upside light at the end of the tunnel, they’re less likely to work at a company that puts undue pressure on them and may not be building the leading models they want to work on.

TechCrunch has reached out to SpaceX for comment.

When you purchase through links in our articles, we may earn a small commission. This doesn’t affect our editorial independence.

#Elon #Musks #SpaceXAI #bleeding #staff #merger #TechCrunchElon Musk,SpaceX,spacexai,xAI">Elon Musk’s SpaceXAI has been bleeding staff since its merger | TechCrunch

Elon Musk’s newly rebranded SpaceXAI is reportedly losing top talent, with more than 50 researchers and engineers departing since February, according to The Information. The exits include key leaders across coding, world models, and Grok voice. 

Rivals like Meta and Thinking Machine Labs are reportedly scooping up former staff, with the company’s core pre-training team dwindling to just a handful of people. Since February, at least 11 xAI employees have defected to Meta, according to The Information’s report. At least seven have left to join Mira Murati’s Thinking Machine Labs. TechCrunch has previously reported on 11 of the xAI departures announced directly after the merger, including two co-founders.

SpaceX acquired xAI — two companies owned by Musk — in February and has since installed new leadership at the company. Musk renamed the combined company SpaceXAI earlier this month.

The pre-training departures, which followed the exit of team lead Juntang Zhuang, have particularly concerned employees and people close to SpaceXAI, per The Information. Pre-training is the first step to building new AI models, and many have questioned whether the company is still committed to developing leading models. 

The report also found that Musk’s culture of extreme work led some staff to leave — something Musk employees across his companies, including Tesla, have complained about. A source who spoke to The Information said Musk set unrealistic deadlines for training models, which led to cutting corners on Grok. 

Of course, several of the exits could have been driven by a desire to cash out.

SpaceX regularly offers tenders so employees can sell vested shares privately. Others might simply feel confident that their equity is close to liquidity given the company’s blockbuster IPO expectations. Once employees see the financial upside light at the end of the tunnel, they’re less likely to work at a company that puts undue pressure on them and may not be building the leading models they want to work on.

TechCrunch has reached out to SpaceX for comment.

When you purchase through links in our articles, we may earn a small commission. This doesn’t affect our editorial independence.

#Elon #Musks #SpaceXAI #bleeding #staff #merger #TechCrunchElon Musk,SpaceX,spacexai,xAI

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