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Jun 08, 2026
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Welcome back! White House AI policy advisor Sriram Krishnan is leaving the post. Trump flags meetings with AI companies to discuss financial "partnerships." Tesla delays next-generation Roadster demo to August.
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Sriram Krishnan, a top AI policy advisor in the Trump administration, is leaving the White House, The Information reported on Saturday. Krishnan later confirmed his decision in a post on X. Krishnan is planning to start a policy institute that will support the administration’s AI plans, according to people familiar with the matter. A former general partner at Andreessen Horowitz, Krishnan worked closely with former AI and crypto czar David Sacks to craft the White House’s approach to regulation, including an AI action plan released in July of last year. Krishnan and Sacks pushed for a hands-off approach that deviated from Biden-era safety policies, such as mandatory information sharing between AI companies and the government. The White House’s approach to AI policy has shifted in the past few months, however, following the announcement of frontier models such as Anthropic’s Mythos that pose significant cybersecurity threats. After weeks of deliberation, Trump signed an executive order in early June that will create a voluntary framework for AI companies to share their models with the government before releasing them to other partners.
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President Donald Trump told reporters on Friday that he plans to meet with AI companies in the near future to discuss financial “partnerships,” though he did not share further details on what the deals would look like. The remarks come after a Thursday report from NOTUS that OpenAI CEO Sam Altman had spoken with senior Trump officials about the government taking a stake in his company. “They’re all coming to the White House, probably next week,” Trump said. Trump said that the deals could allow the American public to “essentially become a partner” with companies so that they can benefit from the success of AI, similar to a plan floated by Sen. Bernie Sanders (D-Vt.) of a sovereign wealth fund seeded with the stocks of major AI companies like OpenAI, Anthropic and xAI. Trump said that he’s been talking about a similar plan for the last year. “As far as economics are concerned, we have certain things that aren’t that far apart, people are surprised,” Trump said. While it remains unclear how Trump’s plan would work, his administration has previously taken equity stakes in companies, including Intel and nine quantum computing companies.
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Tesla is pushing a planned public demo for its long-awaited next generation Roadster to August or later, four people with knowledge of the program said, marking the latest delay for the unveiling of the company’s first vehicle debut since its Cybercab nearly two years ago. Tesla CEO Elon Musk had said in October 2025 that the company aimed to unveil the new Roadster on April 1. He later said on X that the event had been pushed to later in May or early June, but hasn’t since provided an updated timeline. The public demonstration is expected to take place in Texas, according to three of the people. The demo is meant to showcase Tesla’s work with SpaceX on a cold gas thruster system for the vehicle which aims to increase the speed and allow it to lift off the ground, three people said. Tesla plans to make a limited edition SpaceX version of the Roadster in addition to a scaled down version of the vehicle, two of the people said. Tesla and SpaceX employees presented Musk with an early demonstration of the system, known internally as A71, in late April, according to two of the people. The rebooted Roadster has become something of a passion project for Musk, who has repeatedly described it as a showcase for engineering feats that would be impractical on a mass-market vehicle. First unveiled in 2017 with a promised 2020 release date, the Roadster has become one of Tesla’s longest-delayed products. Some early reservation holders paid $50,000 to secure a place in line for the vehicle. Tesla did not respond to a request for comment.
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Nvidia and SK Hynix have signed a multiyear deal to work together on advanced memory chips, as AI demand strains global memory supply. The agreement covers chip design and manufacturing, and includes memory for Nvidia’s Vera Rubin platform, its next major AI system. The deal, announced during Nvidia CEO Jensen Huang’s visit to South Korea, gives SK Hynix an edge as it ramps up HBM4, the next generation of high-bandwidth memory used in the most powerful AI chips. Nvidia CEO Jensen Huang said Samsung Electronics, SK Hynix and Micron Technology have all been cleared to supply HBM4, keeping competition intense among the three dominant memory makers. For Nvidia, the agreement helps secure a key part of its AI supply chain as cloud companies race to buy more accelerators. Vera Rubin is already in full production and is expected to ship at scale later this year, with advanced memory playing a central role in the system’s performance. The announcement also shows why Huang is pushing to build closer ties in South Korea. Nvidia needs more access to advanced memory for its AI computing systems, and Huang warned during his trip that shortages across the chip supply chain could last for several years.
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LinkedIn cofounder and investor Reid Hoffman will leave his seat on Microsoft’s board of directors at the end of this year, Microsoft said in a filing Friday. Hoffman has served as a Microsoft director since 2017, when Microsoft acquired LinkedIn. Since then he’s been a pivotal advisor to CEO Satya Nadella and helped steer Microsoft’s relationship with OpenAI, briefly serving on the boards of both companies simultaneously. Hoffman has faced scrutiny in recent years for his relationship with Jeffrey Epstein after emails surfaced showing the two men communicating multiple times in the years following Epstein’s first felony conviction, although Hoffman has said he wasn’t aware of any of Epstein’s illicit activity when they were in touch. Activist Microsoft investors including the conservative National Legal and Policy Center have repeatedly brought forth proxy measures to remove Hoffman from Microsoft’s board over his Epstein ties as well as his political donations to liberal causes, but shareholders have repeatedly voted to reject those measures. Microsoft said Hoffman will continue to serve on its board until its next annual shareholder meeting, which typically takes place in December, after which he will not seek reelection.
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