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George Hammond

@georgehammond.bsky.social
3.7K followers 13 following 7 posts

@financialtimes.com Venture Capital correspondent, based in SF

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Reposted by George Hammond
Financial Times @financialtimes.com · 09/01/2025
Elon Musk calls on California and Delaware to force auction of OpenAI stake www.ft.com/content/596dddb3-0607-44…
ft.com
Elon Musk calls on California and Delaware to force auction of OpenAI stake
Latest salvo in legal battle over ChatGPT-maker’s restructuring as a for-profit company
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George Hammond @georgehammond.bsky.social · 09/01/2025
Scoop: Elon Musk's attorney is pushing OpenAI to auction off a large stake in its business, opening a new front in his fight with the Sam Altman. Free link here: on.ft.com/4j7TlRc
on.ft.com
Elon Musk calls on California and Delaware to force auction of OpenAI stake
[FREE TO READ] Latest salvo in legal battle over ChatGPT-maker’s restructuring as a for-profit company
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George Hammond @georgehammond.bsky.social · 18/12/2024
I profiled Trump's new AI and crypto tsar David Sacks over the weekend. Those who know him describe a man who is controversial, theatrical - and offensive to those who take him literally but irreverent and witty to those who do not. Free article below on.ft.com/3ZEDPDu
on.ft.com
David Sacks, from ‘PayPal mafia’ to Trump’s AI and crypto tsar
Silicon Valley investor and podcast host has joined Elon Musk in securing a key role in incoming US administration
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Reposted by George Hammond
Financial Times @financialtimes.com · 14/12/2024
David Sacks, from ‘PayPal mafia’ to Trump’s AI and crypto tsar www.ft.com/content/82e859c8-ab66-47…
ft.com
David Sacks, from ‘PayPal mafia’ to Trump’s AI and crypto tsar
Silicon Valley investor and podcast host has joined Elon Musk in securing a key role in incoming US administration
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George Hammond @georgehammond.bsky.social · 06/12/2024
SCOOP w/ Cristina Criddle OpenAI is discussing removing its “AGI” clause - which shuts out its biggest investor Microsoft from future AGI models - from its corp structure. That would extend MSFT's access to OpenAI's post-AGI tech in return for continued investment www.ft.com/content/2c14...
ft.com
OpenAI seeks to unlock investment by ditching ‘AGI’ clause with Microsoft
Start-up discusses removing provision to protect powerful technology from being misused for commercial purposes
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George Hammond @georgehammond.bsky.social · 05/12/2024
Scoop w/ @mshannahmurphy.bsky.social: Marc Andreessen has been helping with interviews for Elon Musk's DOGE. That should give some indication of Trump's likely tech policy, and helps explain why the president-elect is using terms like "Little Tech" www.ft.com/content/1f14...
ft.com
Marc Andreessen helps to recruit staff for Elon Musk’s US cost-cutting body
Venture capitalist has role in interviewing and identifying candidates for new Department for Government Efficiency
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Reposted by George Hammond
Hannah Murphy @mshannahmurphy.bsky.social · 02/12/2024
ICYMI: - Boris Johnson recently renewed an acquaintance with Elon Musk, having been reintroduced by Sriram Krishnan, a London-based VC - Tony Blair and Musk have been speaking on the phone recently - The Nigel Farage-Musk bromance deepens Scoop w/ @annasophiegross.bsky.social on.ft.com/41jRWRb
on.ft.com
Elon Musk is attacking Britain. Former PMs are building ties
[FREE TO READ] A London-based VC has connected Boris Johnson and the Tesla chief, who Tony Blair has praised as ‘an extraordinary innovator’
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George Hammond @georgehammond.bsky.social · 27/11/2024
“There are few adages in tech that really hold up,” said one investor in Musk’s companies. “Never bet against Elon is one.” New report with @tabbykinder.bsky.social looking at how xAI's soaring valuation is a big win for Twitter investors. www.ft.com/content/5c9c...
ft.com
Elon Musk’s Twitter backers gain windfall from xAI deal
Investors hit by losses following billionaire’s takeover of social media platform reap rewards from shares in his AI start-up
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George Hammond @georgehammond.bsky.social · 26/11/2024
European AI darling Mistral its planting a flag in Silicon Valley, competing for talent with its bigger rivals OpenAI and Anthropic. www.ft.com/content/71e8...
ft.com
Europe’s Mistral expands in Silicon Valley in hunt for AI staff
Paris-based group considers moving co-founder to growing Bay Area office as it hires scientists, engineers and sales specialists
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Reposted by George Hammond
Hannah Murphy @mshannahmurphy.bsky.social · 24/11/2024
Trump has vowed to crack down on universities involved in misinformation research, or what he dubs the "censorship cartel" - e.g. by curbing funds to those that have "flagged content for removal”, or legal threats “I'm pretty fucking scared," one professor tells me. www.ft.com/content/bfb4...
ft.com
Donald Trump’s return sends shivers through the anti-misinformation world
Vow to crack down on the ‘censorship cartel’ has researchers worried — and Big Tech is on notice
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George Hammond @georgehammond.bsky.social · 21/11/2024
“Diversification is for people that don’t know what they’re doing. Investors are paid to know what they’re doing." Josh Kushner's Thrive Capital is shaking up venture capital. Today's @FT big read asks whether it can pull off being a $5bn boutique. www.ft.com/content/44c4...
ft.com
Thrive Capital: the venture firm staking billions on a few big bets
The ‘all in or all out’ approach of Josh Kushner’s VC business inverts the traditional venture model. Will it pay off?
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