June 4, 2024, 10:20 PM

Top News

Kevin Roose / New York Times:
Current and former OpenAI and Google DeepMind staff sign an open letter warning of a culture of recklessness and secrecy at “frontier AI companies”  —  Daniel Kokotajlo, a former researcher in OpenAI's governance division, is an organizer of a group of former and current employees …
Lora Kolodny / CNBC:
Nvidia staff emails: Elon Musk gave Tesla shareholders an exaggerated picture of Tesla's chip deals, and diverted “12K of shipped H100 GPUs” from Tesla to X  —  Elon Musk claims he can grow Tesla into “a leader in AI & robotics,” an ambition that he's said will require a lot …
Zaheer Kachwala / Reuters:
More: Bloomberg, Reuters, and Daring Fireball
Threads: @joelt999X: @elonmusk and @elonmusk
Emily Baker-White / Forbes:
Sources: TikTok accounts, including brands and celebs like CNN, Sony, and Paris Hilton, are being hacked via a zero-day exploit that only requires opening a DM  —  The compromised accounts include CNN and Paris Hilton — and all users have to do to be hacked is open a DM.
Samantha Murphy Kelly / CNN:
AT&T says an outage is preventing many customers from completing calls between carriers, but 911 calls are going through; Verizon customers also report issues  —  A nationwide AT&T outage is once again leaving some customers in the dark on Tuesday.  —  In a statement sent to CNN …
TSMC Chair C.C. Wei says the company has talked with customers about moving its plants off Taiwan as China tensions mount, but such a move would be impossible  —  Taiwanese contract chipmaker TSMC (2330.TW), whose major clients include Nvidia and Apple, said on Tuesday it had held talks …
Jordan Novet / CNBC:
Databricks says it will acquire Tabular, a data management startup that helps companies optimize data stored in the Apache Iceberg format and more, for over $1B  —  Data analytics software maker Databricks said in a statement on Tuesday that it's acquiring Tabular, a startup that helps optimize data stored in the cloud.
Mike Wheatley / SiliconANGLE:
Cisco introduces new AI products and services, including its Nexus HyperFabric AI clusters in partnership with Nvidia, and announces a $1B AI investment fund  —  Cisco Systems Inc. is doubling down on its artificial intelligence push with a host of new AI-powered products and services, plus various other initiatives focused on AI.
Alex Konrad / Forbes:
How billionaire investors of the internet era are fighting to determine whether AI's future will be one of concentrated safety, or of unfettered advancement  —  Billionaire investors of the internet era are now locked in a war of words and influence to determine whether AI's future …
Gerrit De Vynck / Washington Post:
Pika, which offers AI tools to generate and edit videos, raised $80M from Spark, Lightspeed, and others at a $470M valuation, taking its total funding to $135M  —  Pika, a video-generation start-up that raised $80 million in its latest funding round, already has a publicly available product, as OpenAI and Google keep theirs under wraps
Wayne Ma / The Information:
Sources: Apple was in talks in 2023 to debut Apple TV+ in China via a deal with China Mobile, which would make TV+ the only US video streaming service in China  —  Apple was in talks last year to launch its Apple TV+ video streaming service in China via a deal with China Mobile …
Sourasis Bose / Reuters:
Apollo Global agrees to buy 49% equity interest for $11B in a joint venture related to Intel's Fab 34 under construction in Leixlip, Ireland  —  Apollo Global Management's (APO.N) affiliates will provide $11 billion to Intel (INTC.O) to buy 49% equity interest in a joint venture entity related …
David Heaney / UploadVR:
Meta rolls out an update to “significantly” reduce the Quest 3's passthrough distortion and warping, an experimental wrist-mounted menu button option, and more  —  The Quest v66 update “significantly” reduces Quest 3's passthrough distortion and warping, according to Meta.
MK Manoylov / The Block:
Filing: FTX argues it should pay the IRS a $200M priority tax claim and a $685M subordinated claim; IRS had said FTX owed $44B in taxes then revised it to $24B  —  - FTX argued in bankruptcy court that it owes significantly less than the IRS claimed.  — FTX is not responsible …
Emilia Terzon / ABC:
Australia's privacy regulator sues Medibank over an October 2022 data breach, accusing the health insurer of failing to protect the data of 9.7M customers  —  Health insurance giant Medibank is facing a maximum fine theoretically in the trillions of dollars after the Australian Information …
Emily Bary / MarketWatch:
CrowdStrike reports Q1 revenue up 33% YoY to $921M, vs. $905M est., forecasts Q2 revenue above estimates, lifts its FY 2025 outlook; CRWD jumps 6%+ after hours  —  Cybersecurity company boosts its forecast  —  Better-than-expected results from CrowdStrike Holdings Inc. initially met a shrug …
Emilia David / The Verge:

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Earlier Picks

Chloe Cornish / Financial Times:
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