The internet is having an off week, to say the least. Security researchers at OpenAI and Google-owned Wiz used AI to uncover critical flaws in PHP, the open source language behind roughly 70% of websites, including those built on WordPress, WooCommerce, and Magento. The holes date back more than a decade, and now that a fix is out, companies are scrambling to patch their systems as attackers try to exploit the them.  On this episode of TechCrunch’s Equity podcast, Kirsten Korosec, Sean O’Kane, and Anthony Ha dig into why AI-powered bug hunting could make this the first of many internet-wide scares, what Elon Musk’s careful choreography says about where a Tesla-SpaceX merger is headed, and more of the week’s headlines.  Listen to the full episode to hear more about:  Elon Musk’s pledge to give every kid in America a SpaceX share, announced just hours after Anthropic unveiled its public benefit fund  Character.AI’s bankruptcy, Disney’s deal to hire most of its staff, and Anthony’s case for rethinking what “acquihire” means  OpenAI’s acquisition of Orchestra Bio and what it says about the company’s “no side quests” strategy  Otter’s surprise $320 million raise from General Catalyst’s growth fund Subscribe to Equity on YouTube, Apple Podcasts, Overcast, Spotify and all the casts. You can also follow Equity on X and Threads, at @EquityPod. Chapters:Learn more about your ad choices. Visit megaphone.fm/adchoices