The founder of Scholly sold his scholarship app to Sallie Mae. He says they fired him for asking why they were selling students’ data.
 The founder of Scholly sold his scholarship app to Sallie Mae. He says they fired him for asking why they were selling students’ data.

Christopher Gray built Scholly to help students like himself find scholarships. He grew up in Birmingham, Alabama, became the first in his family to attend college after winning $1.3 million in scholarships to Drexel University, and turned that experie…

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Musk told the jury the OpenAI case is simple. The consequences of his testimony are anything but.
 Musk told the jury the OpenAI case is simple. The consequences of his testimony are anything but.

Elon Musk told a federal jury on Tuesday that his lawsuit against OpenAI and its co-founders is not about him. “It is not okay to steal a charity, that’s my view,” Musk said from the witness stand in Oakland, California, in his first testimony under oa…

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“They stole a charity.” “He didn’t get his way.” The Musk-Altman trial opened with two stories that cannot both be true.
 “They stole a charity.” “He didn’t get his way.” The Musk-Altman trial opened with two stories that cannot both be true.

“Ladies and gentlemen, we are here today because the defendants in this case stole a charity.” That was how Steven Molo, Elon Musk’s lead trial lawyer, opened the most consequential technology trial in a generation on Tuesday morning in an Oakland fede…

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OpenAI is building a phone that would make apps obsolete. The supply chain says it might actually ship.
 OpenAI is building a phone that would make apps obsolete. The supply chain says it might actually ship.

OpenAI is developing a smartphone built around AI agents rather than apps, with Qualcomm and MediaTek jointly designing the custom processor and Luxshare Precision Industry co-designing and exclusively manufacturing the device, according to Ming-Chi Ku…

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Google’s AI researchers told management to refuse classified military work. Management spent three years making sure it could say yes.
 Google’s AI researchers told management to refuse classified military work. Management spent three years making sure it could say yes.

More than 580 Google employees, including over 20 directors, senior directors, and vice presidents, have signed a letter urging CEO Sundar Pichai to refuse classified military AI work for the Pentagon, according to Bloomberg. The letter, which includes…

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Sequoia is giving away the hardware for an AI project it cannot invest in. That is the point.
 Sequoia is giving away the hardware for an AI project it cannot invest in. That is the point.

Sequoia Capital co-steward Alfred Lin personally purchased 200 Mac Minis, had each one custom-engraved with a design mixing old cartography and machine learning contour plots, and distributed them to attendees at Sequoia’s “AI at the Frontier” event. E…

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Brockman’s diary called it a lie. Now a jury will hear it.
 Brockman’s diary called it a lie. Now a jury will hear it.

Jury selection begins Monday in Oakland federal court for the trial that will determine whether OpenAI’s conversion from a nonprofit to one of the most valuable companies in the world was a breach of charitable trust. Elon Musk, who co-founded OpenAI i…

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OpenAI knew. It chose not to call the police. Now Sam Altman is sorry.
 OpenAI knew. It chose not to call the police. Now Sam Altman is sorry.

Sam Altman published an open letter to the community of Tumbler Ridge, British Columbia, on Thursday, apologising for OpenAI’s failure to alert law enforcement after its own systems flagged a user who went on to carry out the deadliest school shooting …

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X-Energy’s failed $1 billion SPAC became a $1 billion IPO. The reactor did not change. The market did.
 X-Energy’s failed $1 billion SPAC became a $1 billion IPO. The reactor did not change. The market did.

In short: X-Energy raised $1.02 billion in the largest nuclear IPO on record, pricing at $23 (21% above range) on the Nasdaq, with shares surging 31% on opening to imply a $12 billion market cap. The offering was 15x oversubscribed. The same company fa…

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US government’s Intel stake jumps 300% to $36B after CHIPS Act grants were converted to equity under Trump
 US government’s Intel stake jumps 300% to $36B after CHIPS Act grants were converted to equity under Trump

In short: The US government’s 9.9% stake in Intel, acquired for $8.9 billion last August by converting CHIPS Act grants and Secure Enclave funds into equity at $20.47/share, is now worth approximately $36 billion after Intel’s stock surged 20%+ on a ma…

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