| Kif Leswing / CNBC: |
Nvidia hits a $3T market cap and passes Apple as the second most valuable public US company, behind Microsoft — Nvidia passed Apple in market cap on Wednesday as investors continue betting on the chipmaker behind the artificial intelligence boom. It is now the second-most valuable public company, behind Microsoft.| David Pierce / The Verge: |
Carl Pei says smartphones will be the main AI form factor of the future, but the UX needs to be redefined, and Phone (3) will be Nothing's first true AI phone — Nothing CEO Carl Pei just published a video in which he makes two big claims: that smartphones are in fact the AI gadget of the future … | Jenny Gross / New York Times: |
Several hospitals in London face major disruptions after a June 3 ransomware attack on Synnovis, which provides lab services for the UK's NHS — A system used by several major London hospitals was targeted in a ransomware cyberattack, forcing the cancellation of services and the diversion of patients.| Wes Davis / The Verge: |
Humane tells Ai Pin owners that they should “immediately” stop using the charging case, citing issues with a battery cell that “may pose a fire safety risk” — Humane is telling AI Pin owners today that they should “immediately” stop using the charging case that came with its AI gadget.| Mishaal Rahman / Android Authority: |
In a UK compliance statement, Apple revealed that the iPhone 15 Pro Max will receive security updates for a minimum of five years from September 2023 — Apple will support the latest iPhones for at least five years, less than the seven years guaranteed by Samsung and Google. — • — TL;DR| Kurt Wagner / Bloomberg: |
The Greater Memphis Chamber says xAI plans to develop a new facility in Memphis to house a supercomputer and could receive tax breaks and other incentives — - Startup could receive tax breaks and other business incentives — New facility would come on the heels of $6 billion fundraising| Mark Gurman / Bloomberg: |
A look at Apple's OpenAI deal before WWDC; sources say Apple plans to offer AI features as an opt-in service, and is working on two LLM-powered robotic devices — An OpenAI agreement is due to be announced at the Apple's developer conference next week. — When a 23-year-old Sam Altman took … | Tom Warren / The Verge: |
Google is acquiring software virtualization company Cameyo to deeply integrate virtualized Windows app support into ChromeOS, after a partnership in April 2023 — Google is acquiring software virtualization company Cameyo in a push to deeply integrate virtualized Windows app support into ChromeOS.| Kyle Wiggers / TechCrunch: |
Stability AI releases Stable Audio Open, a text-to-audio model that generates up to 47 seconds of samples and sound effects, prohibited for commercial use — Stability AI, the startup behind the AI-powered art generator Stable Diffusion, has released an open AI model for generating sounds … | Kyle Wiggers / TechCrunch: |
Wix unveils an AI-powered app builder that creates iOS and Android apps from descriptions provided by users in a chat, coming to its $99/month Branded App plan — Wix, the platform known chiefly for its web design tools, is launching a generative AI feature that'll let customers create … | Bloomberg: |
NXP partners with TSMC-backed Vanguard to build a $7.8B chip wafer plant in Singapore, aiming to begin construction in H2 2024 and production in 2027 — - New facility begins construction in second half of 2024 — Region poised to benefit from drive to diversify from China| Nduka Orjinmo / Bloomberg: |
In a letter, 16 Republican lawmakers accused Nigeria of taking Binance executive Tigran Gambaryan “hostage” and urged President Biden to help secure his release — - Tigran Gambaryan was detained on a trip to Nigeria in February — Binance, Gambaryan face charges including aiding tax evasion| Paul Sawers / TechCrunch: |
SAP plans to acquire Tel Aviv-based WalkMe, which helps users navigate other software UIs, for $1.5B in cash; WalkMe had raised ~$300M before its June 2021 IPO — Enterprise software giant SAP is acquiring “digital adoption” platform provider WalkMe in an all-cash transaction worth $1.5 billion.| Will Shanklin / Engadget: |
Twitch says its Twitch Tier 1 subscriptions in the US will increase from $4.99 per month to $5.99 per month on July 11, the first price hike for US subscribers — Monthly Tier 1 memberships will go up by $1 in July. — Twitch is joining Spotify, Max, Peacock, Crunchyroll … | Cagan Koc / Bloomberg: |
ASML CFO Roger Dassen told analysts that TSMC and Intel will get its €350M high-NA EUV machines by the end of 2024; the machines can print 8nm lines on chips — - TSMC has previously said ASML's new machine is too expensive — Intel has already received its first high-NA EUV machine| Joanna Stern / Wall Street Journal: |
Apple plans to fix another Screen Time bug that lets kids circumvent parental controls; two researchers say they reported the bug to Apple twice in 2021 — Apple's Screen Time continues to be marred by bugs that let its youngest users circumvent parental controls| Ryan Weeks / Bloomberg: |
Paxos International, a UAE-based affiliate of Paxos, launches Lift Dollar, or USDL, a stablecoin pegged to the US dollar that will pay a ~5% yield to holders — - The Lift Dollar is issued by new affiliate Paxos International — USDL will pay a yield to holders equal to about 5% per annum| Shakeel Hashim / Transformer: |
Former OpenAI researcher Leopold Aschenbrenner says he was fired in April 2024 for writing a memo to the board over concerns about OpenAI's security practices — Leopold Aschenbrenner also said he was interrogated about his team's “loyalty to the company” — Leopold Aschenbrenner … | Kevin Roose / New York Times: |
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