Lila Ibrahim. Photo: DeepMind

Google-owned AI company DeepMind has hired former Intel and Coursera executive Lila Ibrahim as its first chief operating officer.

Why it matters: There is not just one battle shaping up over AI, but many. It's not just about which country or company will lead, but also what ethical constraints will govern its development.

Ibrahim told Axios that she felt a calling to work at a firm that was leading in AI and shared her values.

"If we are going to figure out what solving (artificial) intelligence means, it needs to reflect the diversity of the world and do so in a way that adds value and does good"

Most recently Ibrahim was COO of Coursera and, before that, was chief of staff to Kleiner Perkins' John Doerr.

DeepMind is best known for building AlphaGo, an AI system that defeated a world champion Go player. Google acquired London-based DeepMind in 2014. The company remains based there, with offices in Edmonton, Montreal and Mountain View, Calif. and, as of a couple weeks ago, Paris.

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Trump's new TikTok threat

Photo illustration: Aïda Amer/Axios. Photo: Jim Watson/AFP via Getty Images

President Trump said twice Monday that the U.S. Treasury would need to get a portion of the sale price of TikTok, as a condition of regulatory approval.

Why it matters: This is akin to extortion — the sort of thing you'd expect to hear on a wiretap, not from the White House in front of reporters.

Ford names James Farley as new CEO amid ongoing turnaround effort

James Hackett, left, is retiring as Ford CEO. Jim Farley, right, takes over Oct. 1. Photo: Ford

Ford announced Tuesday that James Farley will take over as its next CEO, replacing James Hackett, 65, who is retiring after three years in the job.

Why it matters: It leaves Farley to complete the company's ongoing turnaround effort. The transition will be that much harder as the industry tries to navigate the coronavirus-induced economic slowdown which shuttered Ford plants for two months on the eve of some of its most important vehicle launches.

Updated 3 hours ago - Politics & Policy

Watch the full "Axios on HBO" interview with President Trump

In this episode of “Axios on HBO”, President Trump discusses his handling of the coronavirus pandemic, the upcoming election and much more with National Political Correspondent Jonathan Swan.

The interview was filmed on Tuesday, July 28 and aired Monday, Aug. 3 on HBO.