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Taco Bell/OpenAI logos
(Bronson Stamp for Sherwood Media)

OpenAI is Taco Bell

A California-born company built on the steady repurposing of old ingredients, promising transcendence.

Adam Chandler

Going at least as far back as 1998, when The Onion published a piece headlined “Taco Bell’s Five Ingredients Combined In Totally New Way,” people have feasted on the idea that there was no better known (or more shameless) practitioner of repurposing of preexisting material than Taco Bell. The Mexican Pizza, the Double Decker Taco, the Crunchwrap — these are all iconic dishes that, while created in a lab and marketed euphorically as new and revolutionary for humanity, were really just fashioned from the beautiful slop of old. (Not that any of us complained!)  

But now another California startup is here to steal its thunder. Investors, boosters, speculators, and fans may fawn over the life-changing promise of OpenAI, but it’s really not doing much more than what Taco Bell did first. What are Nacho Fries and Doritos Locos Tacos but text-to-image concepts that you can actually eat? Like the Bell, which distinguished itself early through its social media and mobile ordering, OpenAI has collected its laurels as a technological pioneer with the assistance of no small amount of marketing furor. Even as futurists wring their hands about the AI-fueled dystopia ahead, anyone who’s seen “Demolition Man” knows that a market ruled by Taco Bell has been the stuff of nightmares for 30 years now. You could even argue that Taco Bell’s longtime slogans, “Yo Quiero Taco Bell” and “Live Más,” were early incarnations of a large language model, given their innovative use of Spanglish.

The similarities don’t end there. Like OpenAI, Taco Bell also had its early days of innocence, operating as an independent entity in a progressive new field. Its promise spurred imitators and competitors (Del Taco, Taco John’s, and eventually Chipotle) and, after some exciting years, was bought by PepsiCo in 1978 for an eye-popping $125 million, roughly $650 million in today’s market. After its acquisition, Yum! Brands’ Taco Bell began to operate much in the way that OpenAI has in its partnership with Microsoft: inelegantly sharing space and resources with decidedly less sexy brands (KFC and Pizza Hut) and tragically requiring Pepsi products at its fountains, a tribute tax to the gods of vertical integration. Even as we may still love Taco Bell, we know it could be better and, accordingly, regularly call to restore its former glories

So where will OpenAI go from here? Look to the Bell, friends. After all the froth and hype of infancy, OpenAI has followed Taco Bell by settling into its bland place at the adult table, subject to the same petty beefs, wild conspiracies, shameless back-scratching, and insatiable thirst for capital that typify the world of big business. One day, not long from now, we’ll find ourselves nostalgic for the OpenAI of yore.    

Ultimately, there is truly nothing new under the California sun. A company promising enlightenment and transcendence, built on borrowed intellectual property? Taco Bell did it first, baby. And like Taco Bell, OpenAI will flourish because there’s money there, there’s hunger for it, and people are way too lazy or overworked to cook things up themselves anymore. OpenAI won’t be the biggest thing in its market category, like Coca-Cola or McDonald’s, but, like Taco Bell, it will be a household name, which is no small thing — especially in an industry built on chips.

Read the other arguments for OpenAI's future here.


Adam Chandler is a journalist in New York and the author of “Drive-Thru Dreams.” His next book, “99% Perspiration,” will be published in January.

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$830B

OpenAI is finalizing commitments on a funding round that could climb beyond $100 billion at a valuation of $830 billion, according to a report from The Information.

Per The Information, SoftBank is expected to invest $30 billion into the ChatGPT maker, spread across the year in three installments of $10 billion. Up to $50 billion could come from Amazon and $30 billion from Nvidia (up from the $20 billion Bloomberg reported earlier this month). An additional investment in the low billions could come from Microsoft.

OpenAI was last valued at $500 billion following a fundraising round completed in October. Earlier this month, its rival Anthropic took in $30 billion from investors including Microsoft and Nvidia at a $380 billion valuation.

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Tesla’s 45 Austin Robotaxis now have 14 crashes on the books since launching in June

Since launching in June 2025, Tesla’s 45 Austin Robotaxis have been involved in 14 crashes, per Electrek reporting citing National Highway Traffic Safety Administration data.

Electrek analysis found that the vehicles have traveled roughly 800,000 paid miles in that time period, amounting to a crash every 57,000 miles. According to the NHTSA, US drivers crash once every 500,000 miles on average.

The article says Tesla submitted five new crash reports in January of this year that happened in December and January. Electrek wrote:

“The new crashes include a collision with a fixed object at 17 mph while the vehicle was driving straight, a crash with a bus while the Tesla was stationary, a collision with a heavy truck at 4 mph, and two separate incidents where the Tesla backed into objects, one into a pole or tree at 1 mph and another into a fixed object at 2 mph.”

Tesla updated a previously reported crash that was originally filed as only having damaged property to include a passenger’s hospitalization.

Last month, Tesla shares climbed after CEO Elon Musk said in a post on X that the company’s Austin Robotaxis had begun operating without a safety monitor.

The article says Tesla submitted five new crash reports in January of this year that happened in December and January. Electrek wrote:

“The new crashes include a collision with a fixed object at 17 mph while the vehicle was driving straight, a crash with a bus while the Tesla was stationary, a collision with a heavy truck at 4 mph, and two separate incidents where the Tesla backed into objects, one into a pole or tree at 1 mph and another into a fixed object at 2 mph.”

Tesla updated a previously reported crash that was originally filed as only having damaged property to include a passenger’s hospitalization.

Last month, Tesla shares climbed after CEO Elon Musk said in a post on X that the company’s Austin Robotaxis had begun operating without a safety monitor.

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Jon Keegan

Ahead of IPO, Anthropic adds veteran executive and former Trump administration official to board

Anthropic is moving to put the pieces in place for a successful IPO this year.

Today, the company announced that Chris Liddel would join its board of directors.

Liddel is an seasoned executive who previously served as CFO for Microsoft, GM, and International Paper.

Liddel also comes with experience in government, having served as the deputy White House chief of staff during the first Trump administration.

Ties to the Trump world could be helpful for Anthropic as it pushes to enter the public market. Its reportedly not on the greatest terms with the current administration, as the startup has pushed back on using its Claude AI for surveillance applications.

Liddel is an seasoned executive who previously served as CFO for Microsoft, GM, and International Paper.

Liddel also comes with experience in government, having served as the deputy White House chief of staff during the first Trump administration.

Ties to the Trump world could be helpful for Anthropic as it pushes to enter the public market. Its reportedly not on the greatest terms with the current administration, as the startup has pushed back on using its Claude AI for surveillance applications.

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Rani Molla

Meta is bringing back facial recognition for its smart glasses

Meta is reviving its highly controversial facial recognition efforts, with plans to incorporate the tech into its smart glasses as soon as this year, The New York Times reports.

In 2021, around the time Facebook rebranded as Meta, the company shut down the facial recognition software it had used to tag people in photos, saying it needed to “find the right balance.”

Now, according to an internal memo reviewed by the Times, Meta seems to feel that it’s at least found the right moment, noting that the fraught and crowded political climate could allow the feature to attract less scrutiny.

“We will launch during a dynamic political environment where many civil society groups that we would expect to attack us would have their resources focused on other concerns,” the document reads.

The tech, called “Name Tag” internally, would let smart glass wearers identify and surface information about people they see with the glasses by using Meta’s artificial intelligence assistant.

Now, according to an internal memo reviewed by the Times, Meta seems to feel that it’s at least found the right moment, noting that the fraught and crowded political climate could allow the feature to attract less scrutiny.

“We will launch during a dynamic political environment where many civil society groups that we would expect to attack us would have their resources focused on other concerns,” the document reads.

The tech, called “Name Tag” internally, would let smart glass wearers identify and surface information about people they see with the glasses by using Meta’s artificial intelligence assistant.

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