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Here's the latest tech news from the last 24 hours:

🚀 Amazon and Jeff Bezos sued over Falcon 9 rocket choice
🚗 Biden offers $15.5B to boost battery and EV manufacturing
👁 X to collect biometric information and employment data
🤖 Google DeepMind co-founder calls for US to enforce AI standards
💸 AI fever turns Anguilla’s “.ai” domain into a digital gold mine

🚀 Amazon and Jeff Bezos sued over Falcon 9 rocket choiceLINK

Shareholders of an Amazon-inclusive pension fund sue Amazon, Jeff Bezos, and board for not considering SpaceX for Project Kuiper launches, alleging breach of fiduciary duty.

The lawsuit claims Amazon's refusal to consider SpaceX was influenced by personal rivalry between Bezos and Musk, despite Falcon 9's cost-effectiveness and availability.

Plaintiffs seek damages, asserting Amazon's board favored Bezos' enrichment; lawsuit raises questions about meeting deadlines for satellite constellation launch.

🚗 Biden offers $15.5B to boost battery and EV manufacturingLINK

The US Department of Energy allocates $15.5 billion to aid electric vehicle transition, supporting automakers in plant retooling and battery manufacturing.

$12 billion to directly back EV manufacturing conversion for various vehicle types through grants and loans.

$3.5 billion for expanding domestic battery production, grid improvement, and materials, aligning with Biden's job creation goals.

👁 X to collect biometric information and employment dataLINK

The X social media platform (formerly Twitter) will begin collecting biometric and employment data from users as part of its updated privacy policy.

Changes take effect on September 29; biometric data will be used for safety and identification purposes.

X may also gather employment history and preferences to suggest jobs, potentially competing with LinkedIn.

🤖 Google DeepMind co-founder calls for US to enforce AI standardsLINK

Nvidia's AI chips should only be sold to buyers agreeing to ethical AI use, says Google DeepMind's co-founder Mustafa Suleyman.

He advocates for enforcing global AI usage standards and suggests requiring adherence to voluntary commitments made by leading AI firms to the White House.

Suleyman proposes mandating that Nvidia chip consumers commit to these standards, amid expanding export restrictions of AI chips to various regions.

💸 AI fever turns Anguilla’s “.ai” domain into a digital gold mineLINK

Anguilla's ".ai" domain could generate up to $30 million in revenue this year due to increased interest from tech companies.

The island's economy, reliant on tourism, benefits from the domain's popularity, with registrars paying a fixed fee for registrations.

Interest surged with the release of OpenAI's ChatGPT, leading to a doubling of ".ai" domain registrations in the past year.

Other news you might like

The NYPD intends to use drones for responding to noise complaints during Labor Day weekend, raising privacy concerns.LINK

Microsoft files patent for AI-powered backpack with sensors to create a context-aware personal assistant, aiming to improve AI implementations.LINK

Meta introduces a privacy setting allowing users to request not to use their data for training AI models, with potential limitations based on users' country of residence and specific data types.LINK

Gannett pauses AI-generated sports articles experiment after criticism for awkward phrasing and errors; LedeAI technology involved, aims to refine processes.LINK

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