Top stories today:

1. Tesla deliveries -8.5% to 387K in Q1, still regains #1 pure EV spot
2. Global VC deal activity -21% YoY to $75.9B in Q1
3. Vision Pro gets spatial personals, collaboration in apps
4. Intel Foundry, chip division, sees net losses +35% to -$7.0B
5. PC, console market +3% to $93.5B in 2023

0. Data and calendar

1. Tesla deliveries -8.5% to 387K in Q1, still regains #1 pure EV spot from BYD

• BYD would still lead if we include hybrid vehicles.

2. Global VC deal activity -21% YoY to $75.9B in Q1

• U.S. deal activity -36% to $36.6B in Q1 across 2,882 deals, from $51.6B across 4,026 a year earlier.

• Reddit and Astera Labs represented 73% of total exit value in the U.S.

3. Vision Pro gets spatial personals in beta, allowing for collaboration in apps

• Up to 5 people can collaborate through SharePlay-enabled apps.

• Available on VisionOS 1.1.

5. Intel Foundry, chip division, sees revenue -31% to $18.9B in 2023, net losses +35% to -$7.0B

6. PC, console market +3% to $93.5B in 2023, with PC games +4%, console games +2%

7. Americans say they need $1.46M to retire comfortably, from $1.27M in 2023

• Gen Z thinks they need $1.63M.

  • Boomers+ $990K.

• HNW ($1M+) $3.93M.

8. Interesting videos, posts, and memes

9. Other headlines

AI

• 200+ musicians write letter asking AI devs not to launch songs.

• Many-shot jailbreaking: new jailbreak technique by Anthropic researchers.

• Hailo raises $120M for AI-efficient chips.

• Read AI raises $21M for AI-powered meeting summaries.

• Xbox AI chatbot being worked on at Microsoft.

• George Carlin estate settles with podcast over AI-generated content.

• RAD AI: AI marketing leader, 3X growth, trusted by Hasbro & MGM. Invest in AI today!*

* Sponsored. Disclaimer: This is a paid advertisement for RAD AI’s Regulation CF offering. Please read the offering circular at invest.radintel.ai.

Tech

• TSMC halts some chipmaking, evacuates plants after quake.

• Flip raises $144M to challenge TikTok in social shopping.

• Amazon Fresh stores switching from Just Walk Out to Dash carts.

• Artifact sold to Yahoo, who says tech will be used in News.

• X appoints 2 employees to oversee safety.

• Alternative app stores in EU: only 1 launched so far.

• James Allen: the engagement ring for the tech bro wife.*

*Sponsored.

Tech & law

• Net neutrality to be reimposed by FCC, reversing Trump.

Biotech

• LyGenesis treats 1st patient in liver regeneration trial.

• Verve halts enrollment of lead trial after side effects, changing LNP.

• Diabetes as accelerated aging: a view.

• Chronic pain linked to brain aging: MRI data.

Business

• Fed blocks push to make climate risk focus of global financial rules.

• Eurozone inflation 0.8% MoM / 2.4% YoY, from 0.6% / 2.6%.

• Yellen flying to Beijing to pressure China to reduce exports.

Crypto

• Ethena Labs’ ENA token goes live at $13B market cap.

• Paradigm in talks to raise $750M-$850M for new fund.

• Wormhole to begin airdrop claims today.

• Silk Road BTC worth $2B moved by U.S. to Coinbase.

U.S. politics

• Biden, Xi speak by phone on AI risks, Russia, fentanyl.

• Trump sues Truth Social co-founders in FL, as DE judge criticizes him.

• Texas immigration law again blocked, this time by appeals court.

World

• Taiwan hit by strongest quake in 25 years, 9+ dead.

• Zelensky lowers conscription age from 27 to 25.

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