Data collection has never been as powerful or lucrative as it is right now
A hot potato: Currently, the AI industry is the Wild West. There are very few laws on the books that govern the market. This lack of formal regulation has led to AI firms operating on the honor system, promising to effectively self-regulate, but democrats in the US Senate believe the self-regulation experiment has failed. They're now asking trade regulators to see if they can find any antitrust violations, especially in AI-generated content summaries.
It awarded $40 million to build a new version instead
What just happened? The controversial deal between Microsoft and the US Army for the military branch to buy 6,900 HoloLens-based headsets at the cost of $400 million has been blocked by congress. As a consolation, the government approved $40 million for Microsoft to build a new and improved version that soldiers will hopefully hate less.