Reuters: Meta faces call in EU not to use personal data for AI models

+ "Most international efforts to mitigate AI risk are currently directed toward concerns around security, privacy, ethics, and disinformation. But we also need a serious international effort to AI-proof the economy." -- Gita Gopinath - Deputy Managing Director of the International Monetary Fund

The new CEO trapped in the US-China chip battle: An opera lover wary of politics, Christophe Fouquet must balance Western demands to curb China’s access to ASML’s most sophisticated machines while still supplying a key market. WSJ

Bloomberg: Microsoft, Nvidia to face US antitrust probes over AI moves

+ Inquiries take aim at two of world’s most valuable companies

+ Microsoft’s OpenAI partnership already facing probes in UK, EU

Big Tech’s AI dealmaking needs ‘urgent’ scrutiny, says US antitrust enforcer: Jonathan Kanter pushes for ‘meaningful intervention’ over concentration of power in artificial intelligence sector. FT

Regulators set the stage for AI antitrust battles: The FTC and DOJ reached a deal that could increase antitrust scrutiny of Microsoft, Nvidia, and OpenAI. WP

Reuters: US Treasury seeks public comments on AI use in financial services sector

The AI election is here. Regulators can’t decide whose problem it is. A federal turf war and congressional inaction could leave voters largely unprotected ahead of the 2024 election. WP

AI state legislation: State lawmakers across the US have introduced 745 AI-related bills—10 times as many as were proposed in all of 2023.

Silicon Valley is on alert over a proposed AI bill in California: Critics worry the bill could place an impossible burden on developers to guarantee their services aren’t misused by bad actors. Bloomberg

It looked like a reliable news site. It was an AI chop shop. BNN Breaking had millions of readers, an international team of journalists and a publishing deal with Microsoft. But it was full of error-ridden content. NYT

Salesforce will open its first flagship AI center in London’s Blue Fin Building on June 18 as part of a $4 billion, five-year investment in the UK.

Google announced AI academy: American Infrastructure, a program for startups using AI to improve infrastructure, such as agriculture and broadband.

Cisco created a $1 billion fund to invest in AI.

‘Most exciting moment’ since birth of WiFi: Chipmakers hail arrival of AI PCs: FT reports Intel, AMD, Qualcomm, and Nvidia battle to get their processors into next wave of artificial intelligence-enabled computers.

Meta is bringing chatbots to WhatsApp in test of AI strategy: Facebook parent plans to use new artificial intelligence features to amplify its efforts to generate revenue in messaging services. WSJ

‘This is going to be painful’: How a bold AI device flopped: Humane’s Ai Pin was supposed to free people from smartphones, but sales have been slow. Now Humane is talking to HP and others about a potential sale. NYT

+ Humane told customers to stop using Ai Pin case over fire risk.

How Apple fell behind in the AI arms race: After years of playing it safe with generative artificial intelligence, Apple is set to unveil new features next week. WSJ

Artists are fleeing Instagram to keep their work out of Meta’s AI: Meta is training its AI on artists’ creations. They’re flocking to AI-skeptical app Cara to protect themselves. WP

Big Tech launches campaign to defend AI use: Chamber of Progress, in a campaign called "Generate and Create," says it will showcase "how AI lowers barriers for producing art." THR

Three reasons why it’s good news that robots are getting smarter: They are becoming more capable, easier to program, and better at explaining themselves. Economist

How calls for AI safety could wind up helping heavyweights like OpenAI: Abstract notions of super-dangerous AI may only feed the hype that current models are more impactful than they really are. FC

Sam Altman was bending the world to his will long before OpenAI: From founding a startup at 19 to running Y Combinator at 29, the CEO behind ChatGPT is the most Silicon Valley man alive. Bloomberg

The aging US power grid is about to get a jolt: Bracing for an expected surge in demand for electricity, utilities adopt new tech to boost transmission capacity. WSJ

LinkedIn has toppled Twitter as the most useful social media platform for public relations professionals, according to Muck Rack's latest State of PR report.

In April, the main YouTube app accounted for 9.6% of all TV watch time in the US, according to measurement firm Nielsen.

Enjoy the ride + plan accordingly.

-Marc