• TechX Insides
  • Posts
  • Elon backs controversial AI bill; and Nvidia earnings rollercoaster

Elon backs controversial AI bill; and Nvidia earnings rollercoaster

plus: Stanford AI Index Report, Uber CEO on decision-making

In partnership with

Today’s Insides 🥤

  • Nvidia outperforms yet stock slides by 7%

  • Why Revolut is Europe’s most valuable startup

  • Uber CEO on decision-making

  • Elon Musk backs controversial AI Safety Bill

  • Telegram CEO arrested and charged in France

  • AI Index Report, by Stanford University

  • …and more

To Help Keep The Lights On (Sponsored) 🏷️

The Daily Newsletter for Intellectually Curious Readers

  • We scour 100+ sources daily

  • Read by CEOs, scientists, business owners and more

  • 3.5 million subscribers

Resources & Links 💬

The AI Index Report - Stanford University

[Click on Image For Full Report]

Uber CEO Dara Khosrowshahi on Decision-Making - LINK

The Network Effects Manual (16 and counting) - LINK

Tools 🔧

BeeDone - LINK

Become more productive with gamified AI

Unlock your revenue potential with insights across revops, sales engagement and conversation intelligence.

Create engaging products demos and docs 10x faster

News & Trends 📢

Telegram CEO Charged in France

  • Pavel Durov, the billionaire CEO of Telegram, faces serious charges in France for alleged complicity in various crimes related to the platform's operations. French prosecutors have set a €5 million bail and imposed a travel ban, preventing him from leaving the country.

  • This case underscores the increasing scrutiny that messaging apps face regarding user safety and content moderation. Many commentators are decrying the arrest as politically motivated, and an attempt towards censorship.

    Read More

Nvidia Earnings Report Impacts Stock (Initial Dip of 7%)

  • Nvidia's latest earnings report revealed strong financial performance, yet the company's shares fell sharply, surprising many investors. Analysts suggest that the decline may stem from heightened market expectations and concerns about future growth amid intense competition in the semiconductor industry.

  • This dip in share price could present a strategic buying opportunity for long-term investors looking to capitalize on Nvidia's future growth.

    Read More

Elon Musk Backs AI Regulation Bill

  • Elon Musk has endorsed California's Senate Bill 1047, which mandates safety testing for large AI models - setting him apart from other tech leaders who oppose such regulations. His support reflects ongoing concerns about potential risks associated with unregulated AI development.

  • By advocating for safety measures, Musk aims to ensure responsible AI advancement while positioning himself as a leader in ethical technology.

  • Critics state that this is a move to undercut open-source LLMs, especially those developed by Meta, and influence regulatory decision-making.

    Read More

Revolut Becomes Europe's Most Valuable Startup (ahead of potential IPO)

  • Fintech company Revolut has reached a remarkable milestone by achieving a $45 billion valuation, solidifying its position as Europe's most valuable startup - ahead of a potential IPO.

  • Revolut's valuation stems from rapid growth to almost 50 million customers, diverse offerings like money transfers and buy-now-pay-later options, and strong financial performance - including a £438 million pre-tax profit in 2023. The firm was also recently granted a UK banking license.

    Read More

AI-Assisted 3D Printing of Human Organs

  • Scientists in Washington State have utilized AI to enhance the 3D printing of human organs, a development that could revolutionize organ transplantation.

  • This technology aims to address the critical shortage of donor organs, potentially saving countless lives. By combining AI with advanced printing techniques, researchers are paving the way for personalized medical solutions.

    Read More

How would you rate today's newsletter?

Your vote helps us improve the experience and content for you. And if you have feedback or content to share, reply to this email!

Login or Subscribe to participate in polls.