Techmeme
May 30, 2023, 1:35 PM

Top News

Kevin Roose / New York Times:
OpenAI and DeepMind execs, Geoffrey Hinton, and 350+ others release a statement saying “mitigating the risk of extinction from AI should be a global priority”  —  Leaders from OpenAI, Google Deepmind, Anthropic and other A.I. labs warn that future systems could be as deadly as pandemics and nuclear weapons.
Rohan Goswami / CNBC:
Nvidia opens at a $1T market cap, joining Apple, Microsoft, Google, and Amazon, after raising its Q2 revenue forecast due to AI demand; NVDA is up 166.5%+ YTD  —  - Nvidia briefly hit a $1 trillion market cap at the start of trading Tuesday  — Nvidia shares are trading at around $409 a share.
Bloomberg:
Sources: Binance discusses a proposal to let some institutional clients use bank deposits as collateral for margin trading, to help reduce counterparty risk  —  Binance is discussing a proposal to let some of its institutional clients keep their trading collateral at a bank instead …
Wall Street Journal:
Analysis: of 460 companies that did SPAC deals, insiders at 232 sold $22B in shares in well-timed trades; Chamath Palihapitiya made $310M selling Virgin stock  —  Executives and early investors sold shares worth $22 billion  —  The SPAC boom cost investors billions.
Nicole Carpenter / Polygon:
A viral clip from Nintendo's Tears of the Kingdom shows Link unfurling a bridge, wowing game developers; Nintendo reportedly spent a year polishing the game  —  What looks simple is actually very hard to make  —  There's a bridge to cross the lava pit in The Legend of Zelda: Tears of the Kingdom's Marakuguc Shrine, but it's broken.
Alexandra S. Levine / Forbes:
Sources: TikTok stored highly sensitive financial and personal information of its biggest stars, including those in its Creator Fund, on servers in China  —  TikTok has stored the most sensitive financial data of its biggest stars — including those in its “Creator Fund” — on servers in China.
Suvashree Ghosh / Bloomberg:
Binance names Richard Teng to run all regional markets outside the US, a swift ascension for the executive that joined in August 2021, as CZ comes under fire  —  Binance tapped Richard Teng to head all its regional markets outside of the US, a swift and steady ascension for the executive …
Bloomberg:
CCData: trading on Gemini dropped ~50% YoY to ~$747M in April; Kaiko says trading fell 46% in January to April from September to December, ~6x Coinbase's drop  —  Since going all-in on Bitcoin over a decade ago, Tyler and Cameron Winklevoss have had their share of ups and downs.

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Featured Podcasts

Training Data:
Waymo's Dmitri Dolgov: 20 Million Rides and the Road to Full Autonomy
Sequoia Capital partners host conversations with leading AI builders and researchers to develop a deeper understanding of the evolving technologies and their implications.
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Grit:
How AIG Is Reinventing Insurance With AI | Peter Zaffino
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Lenny's Podcast:
Why cultivating agency matters more than cultivating skills in the AI era | Max Schoening (Head of Product, Notion)
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
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Big Technology Podcast:
OpenAI's User Growth Miss, Musk vs. Altman, Prediction Market Ban
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The Upstarts Podcast:
Runway's Cris Valenzuela: Building The Hollywood-Friendly Video AI That OpenAI Couldn't
Veteran tech reporter Alex Konrad sits down with breakout entrepreneurs taking on the status quo to shake up their fields in AI, design, nuclear energy, space, and more.
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Tools and Weapons with Brad Smith:
Ryan Roslansky: Turning AI Anxiety into Skills for the Future of Work
Microsoft Vice Chair and President Brad Smith speaks with leaders in government, business, and culture to explore the most critical challenges at the intersection of technology and society.
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Earlier Picks

Bill Toulas / BleepingComputer:
Gavin Bonshor / AnandTech:
Bloomberg: