Trump administration has spent nearly $4B to cancel offshore wind farms

The Trump administration has now convinced developers to abandon 12 offshore wind leases. The latest will cost taxpayers $1.2 billion.

Trump’s DOJ gains oversight of OpenAI’s green-card employee sponsorships

The DOJ alleged that OpenAI did not meaningful attempt to hire U.S. citizens before seeking permanent residence for Visa-holding employees.

Trump EPA wrongly canceled $20B in climate funds, appeals court rules

Climate nonprofits can again access their federal funding more than a year after the Trump EPA ordered Citibank to freeze their accounts.

India moves to give its instant payments network a business model

The legislation lays the groundwork for a potential overhaul of India’s zero-merchant-discount-rate regime, under which businesses have not paid fees to accept UPI payments since 2020.

Congress’s favorite AI tool? ChatGPT

House spending records show OpenAI’s ChatGPT dominates paid AI use on Capitol Hill, with congressional offices relying on the chatbot to draft memos, summarize legislation, and assist constituent communications.

Malaysia is reportedly shutting down Balaji Srinivasan’s Network School

Let’s see how this “frontier community for techno-optimists” is doing …

Judge denies xAI’s request to block Minnesota ban on ‘nudify’ apps

Despite a lawsuit from xAI, a Minnesota ban on apps that allow users to “nudify” images can move forward.

Judge says Trump admin still lacks evidence for Anthropic ‘supply chain risk’ label

A federal judge said the Trump administration has not presented enough evidence to justify labeling Anthropic a supply chain risk, casting doubt on the government’s ban on its AI technology.

Making sense of the panic over Chinese AI

On the latest episode of Equity, we discussed why Moonshot AI’s Kimi seemed to panic Silicon Valley and Wall Street.

Warner Bros. lawsuit accuses Amazon of illegally poaching executives

The lawsuit will likely renew debates about whether term employment agreements are enforceable under California. law