Techmeme
May 30, 2023, 12:20 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.
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.
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.
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.
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 …
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.
Financial Times:
How the US is increasingly reshaping the spyware market to favor companies selling cyberweapons to the US and its allies, like Israeli startup Paragon Solutions  —  Contrasting fates of Israeli spyware-makers Paragon and NSO reveal how American support is crucial in $12bn industry

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Featured Podcasts

Hard Fork:
OpenAI Calls a 'Code Red' + Which Model Should I Use? + The Hard Fork Review of Slop
The future is already here. Each week, journalists Kevin Roose and Casey Newton explore and make sense of the latest in the rapidly changing world of tech.
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Is Roblox making the internet better or worse? We asked the CEO
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More News

Politico:

Earlier Picks

Gavin Bonshor / AnandTech:
Bloomberg: