June 4, 2024, 8:25 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:
Elon Musk says Tesla will likely spend $3B to $4B on Nvidia hardware in 2024 and that half of its formerly noted $10B AI-related capex will be on internal spend  —  Tesla (TSLA.O) will likely spend between $3 billion and $4 billion on purchases of chip company Nvidia's (NVDA.O) hardware this year …
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 …
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.
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 …
Sean Hollister / The Verge:
Intel unveils its Lunar Lake laptop chips, with a new SoC design, up to 14% faster CPU, 50% faster integrated GPU, and NPU with up to 48 TOPS of AI performance  —  Last year, Intel boasted that its Meteor Lake processors, dubbed Core Ultra, represented the company's biggest architectural shift in 40 years.
Vlad Savov / Bloomberg:
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.
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 …
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 …
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 …
Emilia David / The Verge:
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 …
AnnaMaria Andriotis / Wall Street Journal:
Sources: E*Trade is weighing kicking meme stock leader Keith Gill off its site over GameStop stock manipulation concerns; GME is up 60%+ since Gill reappeared  —  Morgan Stanley's trading platform discusses concerns about possible manipulation in GameStop  —  E*Trade is considering telling …
Brody Ford / Bloomberg:
HPE Q2: revenue up 3% YoY to $7.2B, vs. $6.82B est., Server revenue up 18% YoY to $3.87B, helped by availability of Nvidia AI chips; HPE jumps 15%+ after hours  —  - Company gives a revenue forecast that tops analysts' estimates  — Server business helped by availability of Nvidia AI chips

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Earlier Picks

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