Nvidia briefly surpasses $1T market cap, 350+ leaders sign statement around AI's existential threat

On Tuesday morning, Nvidia surpassed $1T market cap before falling slightly, briefly joining Amazon, Apple, Google, and Microsoft; Nvidia shares are up ~181% YTD - Link

Over 350 AI leaders, including execs from OpenAI, Google's DeepMind, and Anthropic, signed a one-sentence statement, cautioning that unregulated AI could pose an existential threat, similar to pandemics and nuclear war - Link

Survey: 85% of US workers have used AI tools to perform tasks at work; 86% of US workers said they would take a pay cut to work less with AI assistance; Checkr surveyed 3K US workers equally divided among boomers and gen x/y/z - Link

Forbes sources: TikTok stores the personal financial data of its creators, including some of its biggest stars in the US and Europe, on servers in China that are accessible by local employees - Link

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Altimeter’s Brad Gerstner and Mubadala's Ibrahim Ajami join Jason to discuss their first UAE impressions (1:33), how the country is attracting startup talent, unclogging the capital allocator log jam, and more (19:43)! - Link

The Information sources: TikTok CEO Shou Zi Chew will now also run ByteDance's new popular social app, Lemon8; this move follows ByteDance's recent strategy of locating heads of its global apps outside of China - Link

Gitai, a Tokyo-based company developing autonomous robots for space applications, raised a ~$30M Series B and will use new funds to expand its US ops and manufacturing - Link

Starting in July, NYC companies using AI in their hiring process must disclose they are doing so and will be subject to annual independent audits - Link

Tenstorrent, a Canada-based AI chip startup, will partner with LG to build chips to power smart TVs, data centers, and automotive products - Link

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