| 1 | | What happened: Driven by huge demand in accelerated computing and generative AI, Nvidia experienced a 26% surge in its share price Thursday, placing it on track to become the fifth U.S. publicly traded company valued above $1 trillion. Details: The world's most valuable chipmaker on Wednesday predicted $11B in sales for the upcoming quarter, surpassing analysts' estimates of $7.2B. Its Q2 outlook exceeded expectations, projecting over 50% higher revenue and promising a greater supply of its in-demand AI chips. Coupled with strong earnings, the chip maker saw its market valuation grow to more than $940B on Thursday, up from $755B the day before. Why it matters: If Nvidia's gains hold during trading, it could beat Apple's record for the biggest one-day increase in market value in U.S. history. Nvidia would need its stock price to reach $404.86 to secure a $1 trillion market valuation, a milestone only achieved by eight other companies, including Apple, Microsoft, Alphabet, and Amazon. The big picture: The rise of AI tools like ChatGPT has boosted demand for Nvidia chips, which are integral in the development of AI systems. Its involvement in GPU chips for machine learning is attracting high demand from major cloud providers and consumer internet companies. 
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| 2 | | The launch of Florida Gov. Ron DeSantis' presidential bid during a live-streamed Twitter conversation with CEO Elon Musk was marred by technical glitches. Wednesday's event experienced several minutes of technical issues, including echoing, hot mic moments, and crashes, before abruptly cutting out for half an hour. More: - Over 500,000 Twitter users initially joined the Twitter Spaces event for live audio.
- It was abruptly ended and restarted, causing a nearly 30-minute delay.
- Audio interruptions and tech failures caused many users to be dropped from the conversation, or unable to rejoin.
- Eventually, it was shifted to moderator David Sacks's Twitter account, with the number of listeners falling to 250,000.
- Users flooded the platform with the trending hashtag #DeSaster, overshadowing the campaign kickoff event.
Zoom out: - Twitter has seen increased outages since Musk's acquisition in late October, which also corresponds to mass layoffs impacting over 80% of its workforce.
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| 3 | | Sony has confirmed the future release of a Playstation handheld device, codenamed Project Q. The game streaming device will reportedly release in November, competing against the Nintendo Switch and Valve's Steam Deck. More: - Games will not be played directly on the device, requiring a local PS5 console.
- The handheld will stream PS5 games using WiFi and the company's Remote Play protocol, according to Jim Ryan, the president and CEO of Sony Interactive Entertainment.
- It's expected to feature an 8-inch LCD screen and DualSense-like controllers on both sides.
- While Sony didn't disclose pricing or a release date, it confirmed it will be available later this year.
- The company is also considering expanding the PlayStation handheld to incorporate cloud streaming, as indicated by recent job listings.
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| 4 | | Apple's upcoming iOS 17 update is rumored to bring a new smart display feature to iPhones, allowing users to view calendar appointments, weather, and notifications on their locked screens. The feature would turn on when the phone is locked and tilted on its side. The feature builds upon the customizable lock screen and widgets in last year's iOS 16. More: - According to Bloomberg sources, the high-contrast layout would have a dark background and bright text and resemble an Amazon Echo Show or Google Nest Hub.
- The feature, along with iOS 17, is expected to be announced at Apple's Worldwide Developers Conference on June 5.
- Additional rumored iOS updates include a journaling app, improvements to the Wallet app, AirPlay support, and potentially app sideloading.
Zoom out: - Google already offers a similar feature for its Pixel devices using the Pixel Stand.
- Placing the device on the stand lets users access setting and the option to display a Google Photos slideshow while charging.
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| 5 | | Minnesota Governor Tim Walz on Wednesday signed the most comprehensive Right to Repair law yet of any U.S. state. The legislation requires manufacturers to provide access to repair resources for most electronics. It covers a wide range of products, including appliances, enterprise computing, and commercial equipment. More: - The law excludes products like video game consoles, medical devices, cars, and farm and construction equipment.
- It will take effect on July 1, 2024, and applies to most consumer products manufactured after July 1, 2021, allowing for repairs of older equipment.
- Manufacturers will be required to provide repair resources for free, even to people outside Minnesota, though they aren't obligated to sell parts or tools that are no longer available.
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| 6 | | A brain-reading device empowered by AI has successfully restored a paraplegic man's ability to walk. Using adaptive AI algorithms, the "digital bridge" device decodes a patient's real-time movement intentions from brain recordings. The device could help restore mobility in stroke patients and those with spinal cord injuries. More: - Swiss and French neuroscientists developed the brain-machine interface, which uses wireless signals to reconnect the brain with muscles that were paralyzed due to spinal cord damage.
- Electrodes are implanted in the patient's brain to detect neural activity when they attempt leg movements.
- An AI algorithm then translates the brain signals and sends pulses to electrodes in the spine, stimulating muscles and nerves to produce movement.
- Thanks to the device, Gert-Jan Oskam, who was paralyzed in a 2011 cycling accident, can now stand, walk short distances, and climb stairs.
- Despite not achieving smooth strides, Oskam can control standing and walking through his thoughts.
- The findings from researchers at France's EPFL center and Swiss hospitals were published in Nature on Wednesday.
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- YouTube is shutting down its version of Stories on June 26.
- MoviePass has relaunched its monthly subscription for theatrical films after beta testing in various cities.
- Opera has opened up testing of its AI side panel, "Aria," powered by ChatGPT. The tool acts as a web and browser expert, assisting with information retrieval, text/code generation, and more.
- Dish Network could sell wireless plans for its new mobile phone service through Amazon's U.S. website, sources told The WSJ. While talks are ongoing, the phone plans could offer a boost to Dish's 5G rollout.
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 | AI and technology writer | | Beth is a writer and editor at Inside.com covering artificial intelligence and daily technology news. She has written the Inside AI newsletter since 2019. You can reach her at Beth.Duckett@inside.com. | | This newsletter was edited by Eduardo Garcia | |
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