Jun 05 2024 18 mins
Nvidia's market cap surpassed $3 trillion, making it the world's second most valuable company, while U.S. Treasury Secretary Janet Yellen highlighted AI's benefits and risks for financial firms, Elon Musk's xAI plans to build the world's largest supercomputer in Memphis, and Spark Capital led an $80M funding round in AI video-generation startup Pika.