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June 6, 2024, 7:15 AM
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David McCabe / New York Times:
Sources: the US DOJ will take the lead in investigating whether Nvidia has violated antitrust laws; the FTC will lead the inquiries into OpenAI and Microsoft  —  The Justice Department and the Federal Trade Commission agreed to divide responsibility for investigating three major players in the artificial intelligence industry.
Wall Street Journal:
Source and documents: the US FTC has sent subpoenas to Microsoft and Inflection AI seeking information about how and why they negotiated their partnership  —  Commission has sent subpoenas to tech giant and startup, asking whether their partnership evaded required government review
Kif Leswing / CNBC:
Nvidia hits a $3T+ market cap, rising over 5% on July 5, and passes Apple at $2.99T as the second most valuable public US company, behind Microsoft at $3.15T  —  Nvidia passed Apple in market cap on Wednesday as investors continue betting on the chipmaker behind the artificial intelligence boom.
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
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 …
Emma Roth / The Verge:
Google will store Maps Timeline data locally on users' devices instead of their Google account starting December 1, after announcing the change in December 2023  —  Google Maps is changing the way it handles your location data.  Instead of backing up your data to the cloud, Google will soon store it locally on your device.
Jenny Gross / New York Times:
Several London hospitals face major disruptions after a June 3 ransomware attack on Synnovis, which provides blood transfusion and other services to the 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.
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 …
Aaron Tilley / Wall Street Journal:
Sources detail how Apple fell behind in the AI race due to its AI team struggling to collaborate with other product teams, lacking computing resources, and more  —  For those who saw them, the demonstrations inside Apple increase earlier this decade of a revamped Siri offered a showcase …
Kyle Wiggers / TechCrunch:
Mistral introduces AI model customization options, including an SDK for fine-tuning its models on workstations, servers, and small data center nodes  —  French AI startup Mistral is introducing new AI model customization options, including paid plans, to let developers and enterprises fine-tune …
Bloomberg:
eBay emails customers to say the service will drop American Express cards as a payment option because of “unacceptably high fees”, starting on August 17  —  - Online marketplace calls Amex fees ‘unacceptably high’  — Change to take effect Aug. 17; Amex defends its fees
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
Ellen Huet / Bloomberg:
A look back at Sam Altman's career, starting as Loopt CEO before moving to YC and founding OpenAI in 2015, as many former allies now view his charm as duplicity  —  From founding a startup at 19 to running Y Combinator at 29, the CEO behind ChatGPT is the most Silicon Valley man alive.
More: Spyglass

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From Mediagazer

Pamela McClintock / The Hollywood Reporter:
Disney confirms pulling a transgender storyline from animated series Win or Lose, saying “many parents would prefer to discuss certain subjects” with their kids

Brooks Barnes / New York Times:
Sources: Disney worried that it had a flawed case in Trump's ABC lawsuit, and fighting it could hurt the Disney brand and damage press protections for others

Erik Wemple / Washington Post:
A look at GOP attacks on local news outlets across the US, including the Lancaster County Board of Commissioners' harrassment of LNP reporter Tom Lisi

More News

Wired:
Investigation: 22M+ flight coordinates show how the US' first police drone program, in Chula Vista, California, impacts residents and raises privacy concerns
Will Shanklin / Engadget:
YouTube plans to restrict some content pertaining to the real use of guns from viewers under 18 starting on June 18, a year after a watchdog group report

Earlier Picks

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
Reuters:
Duolingo deletes LGBTQ+ references in Russia after being warned by the country's communications regulator that the content is classed as “extremism”
Sage D. Young / Unchained:
Coinbase launches its smart wallet, which uses passkeys instead of seed phrases and works without app or extension installs, in a move to simplify onboarding
Yogita Khatri / The Block:
M^0, a decentralized stablecoin minting protocol, raised a $35M Series A led by Bain Capital Crypto; the round was structured as equity plus tokens
Tom Warren / The Verge:
Google acquires software virtualization company Cameyo to deeply integrate virtualized Windows app support into ChromeOS, after a partnership in April 2023
Harry McCracken / Fast Company:
Asana unveils “AI teammates”, a beta feature for select customers to help manage projects and tasks, ahead of general availability later in 2024; pricing is TBA
Upmanyu Trivedi / Bloomberg:
The UK's Competition Appeal Tribunal rules that a class action lawsuit against Google over allegations the company abused its digital ad dominance can proceed
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