🗞️ Elon favors xAI

June 05, 2024   |   Read Online Brought to you by: Top stories today: 13 current, former OpenAI, Google employees sign 'Right to Warn' letter Google AI Overviews now only show for 15% of queries, from 84% in Apr. Tesla buying ~$3B-$4B in NVIDIA AI chips in 2024, says Elon Alfred Lin returns to #1 of Midas List after OpenAI investment Follow us on X | Instagram | Advertise to our 250K+ subscribers 0. Data and calendar All values as of 6 AM ET / 3 AM PT, other than S&P500 and NASDAQ close (4 PM ET / 1 PM PT). All times are ET. 1. 13 current, former OpenAI, Google employees sign 'Right to Warn' letter Right to Warn. 4 main principles: No non-disparagement clauses. An anonymous process for current and former employees to raise concerns. Culture of open criticism. Non-retaliation against those who share risk-related confidential information. No direct engagement from OpenAI or Google so far. An OpenAI employee said he was fired in April for raising security concerns to board. 2. Google AI Overviews now only show for 15% of queries, from 84% in April Search Engine Land. 3. Uniswap Wallet App is the fastest and easiest way to trade crypto* Uniswap. Sleek and intuitive user interface designed for seamless crypto trading on the go. Lightning-fast transaction processing, ensuring your swaps execute swiftly and with the best price possible. Access thousands of tokens across Ethereum, Base, Arbitrum, and 7+ chains directly from your smartphone. Start swapping on the Uniswap Wallet App on iOS and Android. *Sponsored. 4. Tesla buying ~$3B-$4B in NVIDIA AI chips in 2024, says Elon X: Elon Musk. Elon asked NVIDIA to prioritize xAI and X in shipments, rather than Tesla. 5. Alfred Lin returns to #1 of Midas List after OpenAI investment Forbes's Midas List. Read more: Forbes. 6. 1st rate cut now priced in for Nov., from Dec. Bloomberg. 7. Americans' asset value hit all-time high in Q4 WSJ. 8. Interesting videos, posts, and memes Leopold Aschenbrenner - 2027 AGI, China/US Super-Intelligence Race, & The Return of History 9. Other headlines AI Cohere reportedly raises $450M at $5B from NVIDIA, Salesforce. Shutterstock made $104M in 2023 from AI licensing deals. ASML to ship new $380M machine to TSMC, others this year. TSMC-backed Vanguard plans $7.8B facility in Singapore. Snowden: attempts to regulate AI may stifle potential. Twelve Labs, AI video search, raises $50M from NVIDIA, others. Cisco creates $1B global investment fund for AI. HPE's revenue +3% to $7.2B, led by AI; stock +17% after hours. Storyblok raises $80M for AI-powered "headless" CMS. Zero Inbox: Apple engineer designs new AI email organizer.* *Sponsored. Tech Intel sells 49% of Irish venture to Apollo for $11B. SpaceX gets FAA nod for flight on Thu 8 AM ET+. Boeing to attempt crewed Starliner launch for 3rd time at 10:52 AM ET. X's head of business operations leaves. Athyna: hire incredible global talent with the same company that Bay Area Times uses!* *Disclaimer: Bay Area Times is a shareholder in Athyna. Tech & law Apple reportedly held talks in 2023 to bring TV to China. Google privacy chief officer to leave after 13 years. Biotech MDMA for PTSD faces tough questions from FDA panel. Sword Health, AI-powered virtual physical therapy, raises $30M at $3B. Crypto FTX seeks to pay IRS $200M rather than $24B claimed. Saylor, MicroStrategy settle D.C. tax suit for $40M. Watford Football Club to offer 10% digital equity for $22M. Founders Fund co-leads $43M Series A for blockchain Avail. Uniswap Wallet App is the fastest and easiest way to trade crypto.* *Sponsored. U.S. politics House GOP may seek vote to allow presidents protection against state suits. Hunter Biden trial starts in DE. World Hamas signals post-war ambition, to talk with Fatah in China in mid-June. Ukraine suggests U.S. weapons used to strike Russia. 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