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Technology News
China aims to recruit top US scientists as Trump tries to kill the CHIPS Act
On Tuesday, Donald Trump finally made it clear to Congress that he wants to kill the CHIPS and Science Act—a $280 billion bipartisan law Joe Biden signed in 2022 to bring more semiconductor manufacturing into the US and put the country at the forefront of research and innovation.
Trump has long expressed frustration with the high cost of the CHIPS Act, telling Congress on Tuesday that it's a "horrible, horrible thing" to "give hundreds of billions of dollars" in subsidies to companies that he claimed "take our money" and "don't spend it," Reuters reported.
"You should get rid of the CHIPS Act, and whatever is left over, Mr. Speaker, you should use it to reduce debt," Trump said.
Elon Musk loses initial attempt to block OpenAI’s for-profit conversion
A federal judge rejected Elon Musk's request to block OpenAI's planned conversion from a nonprofit to for-profit entity but expedited the case so that Musk's core claims can be addressed in a trial before the end of this year.
Musk had filed a motion for preliminary injunction in US District Court for the Northern District of California, claiming that OpenAI's for-profit conversation "violates the terms of Musk's donations" to the company. But Musk failed to meet the burden of proof needed for an injunction, Judge Yvonne Gonzalez Rogers ruled yesterday.
"Plaintiffs Elon Musk, [former OpenAI board member] Shivon Zilis, and X.AI Corp. ('xAI') collectively move for a preliminary injunction barring defendants from engaging in various business activities, which plaintiffs claim violate federal antitrust and state law," Rogers wrote. "The relief requested is extraordinary and rarely granted as it seeks the ultimate relief of the case on an expedited basis, with a cursory record, and without the benefit of a trial."
Volkswagen gets the message: Cheap, stylish EVs coming from 2026
A surprise find in my inbox this morning: news from Volkswagen about a pair of new electric vehicles it has in the works. Even better, they're both small and affordable, bucking the supersized, overpriced trend of the past few years. But before we get too excited, there's currently no guarantee either will go on sale in North America.
Next year sees the European debut of the ID. 2all, a small electric hatchback that VW wants to sell for less than 25,000 euros ($26,671). But the ID. 2all isn't really news: VW showed off the concept, as well as a GTI version, back in September 2023.
What is new is the ID. EVERY1, an all-electric entry-level car that, if the concept is anything to go by, is high on style and charm. It does not have a retro shape like a Mini or Fiat 500—VW could easily have succumbed to a retread of the Giugiaro-styled Golf from 1976 but opted for something new instead. The design language involves three pillars: stability, likability, and surprise elements, or "secret sauce," according to VW's description.