Welcome to Daily Zaps, your regularly-scheduled dose of AI news ⚡️ 

Here’s what we got for ya today:

• 📈 Nvidia is now more valuable than Apple

• 🏴‍☠️ Microsoft “Recall” AI has security issues

• 📣 Protect AI whistleblowers

• 🍓 Raspberry Pi AI

Let’s get right into it!

Sign Up | Advertise | Tools

BIG TECH

Nvidia is now more valuable than Apple

Nvidia has become the second most valuable company in the world, reaching a market capitalization of $3.01 trillion, surpassing Apple at $3 trillion. The chipmaker's value has surged due to its dominance in the AI industry with its H100 chip. Nvidia's market cap soared past $1 trillion in May 2023 and $2 trillion in February 2024, making it more valuable than Amazon and Alphabet.

Recently, Nvidia reported $14 billion in profit, with its stock priced over $1,220 per share, ahead of a planned stock split on June 7th. Nvidia's AI accelerators hold a significant market share, and the company plans to release a new AI chip annually, starting with the Blackwell B200 GPU later this year.

BIG TECH

Microsoft “Recall” AI has security issues

Microsoft's new AI tool, Recall, designed to answer questions about web browsing and laptop use, has sparked security concerns. Announced by CEO Satya Nadella, Recall takes screenshots every five seconds and stores them on the device. However, researchers found that the data is stored in an unencrypted database, making it vulnerable to attackers.

Cybersecurity strategist Alex Hagenah demonstrated a tool, TotalRecall, that can extract and display this data, highlighting the risks. Recall, set to launch on June 18, has been compared to spyware, with fears it could be exploited by hackers. Despite Microsoft’s claims about privacy and security, experts call for a rework of the feature to address these significant vulnerabilities.

LEGAL

Protect AI whistleblowers

An open letter signed by over a dozen current and former employees of OpenAI and Google DeepMind calls for greater transparency and whistleblower protections in the AI industry. The letter, endorsed by prominent AI researchers Yoshua Bengio, Geoffrey Hinton, and Stuart Russell, highlights the financial incentives for AI companies to avoid effective oversight and urges the support of a culture of open criticism without retaliation against those who share risk-related confidential information.

The letter comes amidst recent controversies at OpenAI, where CEO Sam Altman retracted a policy that threatened stock option clawbacks from uncooperative employees.

GADGETS

Raspberry Pi AI

Raspberry Pi is set to launch an AI chip integrated with its camera software, enabling native AI applications like chatbots on the microcomputer. In partnership with chipmaker Hailo, Raspberry Pi's AI Kit will feature the Hailo-8L M.2 accelerator, available soon for $70 through approved resellers. The accelerator, which consumes less than 2W and is passively cooled, offers 13 tera operations per second (TOPS).

While this is lower than the 40 TOPS of Intel’s Lunar Lake processors for AI laptops, it supports the trend of developing smaller, low-power AI models and processors for portable devices, enabling applications like coding assistants and AI-powered photo editing without relying on cloud-based computing.