May 30, 2023, 3:15 PM

Top News

Kevin Roose / New York Times:
OpenAI and DeepMind executives, Geoffrey Hinton, and 350+ others sign 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, Alphabet, and Amazon, after raising its Q2 revenue forecast due to AI demand; NVDA is up 170%+ YTD  —  - Nvidia briefly hit a $1 trillion market cap at the start of trading Tuesday  — Nvidia shares are trading at around $409 a share.
Emma Roth / The Verge:
Amazon discontinues Alexa's celebrity voices feature, which offered Samuel L. Jackson, Shaquille O'Neal, and Melissa McCarthy's voices, even for those who paid  —  Amazon is getting rid of its celebrity voices for Alexa.  Not only are the voices of Samuel L. Jackson, Shaquille O'Neal …
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 …
Alexandra S. Levine / Forbes:
Sources: TikTok has stored personal and financial data of its biggest stars, including those in its Creator Fund, on servers in China, accessible by staff there  —  TikTok has stored the most sensitive financial data of its biggest stars — including those in its “Creator Fund” — on servers in China.
Wall Street Journal:
Analysis: of 460+ companies that did SPAC deals, insiders at 232 sold ~$22B in well-timed stock trades; Chamath Palihapitiya made $310M selling Virgin Galactic  —  Executives and early investors sold shares worth $22 billion  —  The SPAC boom cost investors billions.
Nicole Carpenter / Polygon:
A viral Nintendo's Tears of the Kingdom clip that shows Link unfurling a bridge wows game developers; Nintendo reportedly spent a full 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.
Tom Warren / The Verge:
Microsoft issues a temporary fix for Windows tablets like the Surface Pro X after their cameras stopped working on May 23 likely due to a faulty Qualcomm driver  —  Issues with cameras on some Arm-based devices, including the Surface Pro X, started on May 23rd, with owners reporting …
Zac Hall / 9to5Mac:
Analyst Ross Young says Apple's headset will have two 1.41" Micro OLED displays at 5000+ nits of brightness, a 4000:1 contrast ratio, and “should be 4K per eye”  —  The tech community is collectively on the edge of our seats as we zoom toward the expected unveiling of Apple's mixed reality headset.
CCData: Gemini trading fell ~50% YoY to ~$747M in April 2023; Kaiko: trading fell 46% in January to April vs. September to December, almost 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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Suvashree Ghosh / Bloomberg:
Financial Times:

Earlier Picks

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