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Apr 8, 2024

Elon to be investigated by Brazilian Supreme Court after defying order

Bay Area Times
Bay Area Times

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Top stories today:

  1. Elon to be investigated by Brazilian Supreme Court after defiance
  2. TSMC gets $6.6B in grants, $5B in loans from U.S. under Chips Act
  3. GPT-4, Gemini used transcriptions of YouTube videos for training
  4. Total solar eclipse to happen today at 2 PM+ in Austin, Dallas, Buffalo

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0. Data and calendar

All values as of 6 AM ET / 3 AM PT, other than S&P500 and NASDAQ close (4 PM ET / 1 PM PT).

All times are ET.

1. Elon to be investigated by Brazilian Supreme Court after defying order

  • X originally followed the monocratic (1 judge) Brazilian Supreme Court ruling by Alexandre de Moraes to ban certain opposition-linked X accounts.

  • Then he X’d that Moraes’s order violated the Brazilian Constitution:

X: Elon Musk.

  • Moraes now opened an investigation on Elon and threatened a $20K/day fine for noncompliance.

Elon told his followers to download a VPN, suggesting that X might refuse to comply and potentially get banned in Brazil

X: Elon Musk.

2. TSMC gets $6.6B in grants, $5B in loans from U.S. under Chips Act

How the $39B in grants have been allocated so far:

Bloomberg.

  • TSMC adding 3rd factory in Phoenix, in addition to 2 AZ facilities expected to begin production in 2025 and 2028.

  • $65B in total investments at the 3 fabs.

3. How to join the 21st century’s millionaires club*

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4. GPT-4, Gemini used transcriptions of YouTube videos for training, according to sources, potentially violating ToS

NYT.

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