Elon Musk made a $1 billion investment in Skydance, report says

Plus more of TechCrunch's top stories this afternoon

View this email online in your browser  October 22, 2026 TechCrunch Top 3 Elon Musk made a $1 billion investment in Skydance, report says: The investment will provide a much needed financial boost as the company seeks to cut costs and lift its stock price. Read More 1Password launches a way for AI agents to log in on your behalf without seeing your password: The new feature allows agents to log into a customer's personal accounts while still protecting the private credentials that secure those accounts. Read More Microsoft’s Mustafa Suleyman says its AI outperforms doctors on hard cases as he chases ‘medical superintelligence’: Microsoft’s new AI diagnostic system beat generalist doctors on hard cases, according to a study in Science. But most of the improvement seems to come from the AI models underneath, not from Microsoft’s system itself. Read More A message from Fidelity Your equity data deserves a system you don’t have to second-guess. Does your equity management platform keep raising renewal costs and waving red flags around data practices? Switching to a new solution might seem overwhelming, but it doesn't have to be. With Fidelity Private Shares, transitioning is simple and fast. Our expert team guides you through every step, helping to ensure your equity data is migrated seamlessly and securely. Learn More Go Beyond the Bay Area, Join Us at Founder Summit At TechCrunch Founder Summit on November 4 in Boston, you can deepen your expertise on hiring, product market fit, pitching, founder leadership, and much more in a dynamic, intimate environment. Get ahead of the competition and show the world what the East Coast can build with a 25% discount using the code Daily25. Register Now Afternoon Must-Reads Uber puts all 30,000 employees on ChatGPT Work: The ride-share giant previously deployed a much smaller pilot for ChatGPT Work but is now taking the enterprise agent company-wide. Read More Fusion startup Helion is developing new semiconductors that could double output of its power plants: Helion now has another $225 million to help speed development of its first fusion power plant, due to provide Microsoft with electricity in 2028. Read More Tesla is prepping a Cybercab onslaught: The company is looking to roll out the gold two-seater robotaxis to other U.S. cities this year, even as it goes mum on the number of paid rides. Read More Claude Duet app is Anthropic's bet on agents: Claude Duet is available through waitlist for Pro and Max plan users. Read More DeepSeek reportedly raises $15B days after US restrictions: DeepSeek has reportedly raised $15 billion in one of China's largest funding rounds, just days after the U.S. ordered federal agencies to remove its technology over national security concerns. Read More Last but Not Least TechCrunch Disrupt 2026 Startup Battlefield 200: Celebrating outstanding achievements: Among the Startup Battlefield 200 were many industry-defining companies exhibiting and pitching on the Showcase Stage. Here are the standouts. Read More Check out some of our other newsletters: StrictlyVC TechCrunch Events TechCrunch Mobility Want to adjust your daily newsletter schedule? You can do it right here Got a tip? Get in touch securely. Want to advertise on TechCrunch? advertise@techcrunch.com Has this been forwarded to you? Click here to subscribe to this newsletter. Unsubscribe Member Center Privacy Policy Copyright © 2026 TechCrunch Media LLC 501 2nd Street, Suite 650, San Francisco, CA 94107