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Automattic's 33-hour boardroom coup highlights tech power struggles amid AI safety debates.

Market News
18 Sep 2026
TechCrunch
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Neutral
Automattic's 33-hour boardroom coup highlights tech power struggles amid AI safety debates.

Automattic experienced a dramatic 33-hour boardroom coup involving CEO Matt Mullenweg, which could ultimately increase his control over key web technologies. This event unfolds alongside ongoing industry debates about AI development pace and safety, led by Anthropic's CEO Dario Amodei's proposal for independent safety evaluators and coordination among AI labs in democratic countries. The episode also covers major funding moves in autonomous vehicles and food delivery automation, reflecting broader tech sector shifts. These developments underscore tensions in tech leadership and the challenges of regulating AI progress.

Automattic's 33-hour boardroom coup and AI labs' self-policing debates provide context for tech sector trends. For readers following technology stocks, here is Pluang's market snapshot as of Sep 18, 2026 23:41 WIB: out of 150 priced US tech stocks, 42 rose and 107 fell. Notable movers include QBTS at USD 16.62 with a -6.05% change and 93% sell activity, KD at USD 12.23 down 5.52%, and RGTI at USD 15.12 down 5.44% with 75% sell orders.

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