The Download: climate tech goes public and the AI Hype Index returns

1 Illinois just passed what could become America’s strongest AI safety law
It would require third-party safety audits. (Wired $)
+ But it still needs the governor’s approval. (NBC News)
+ The US is divided over AI regulation. (MIT Technology Review)

2 A Google engineer has been charged with insider trading
He allegedly bet on who’d be the most-searched people of 2025 on Polymarket. (BBC)
+ And used internal data to rack up more than $1.2 million in winnings. (Verge)
+ He’s been charged with fraud and money laundering over the bets. (NPR)

3 ByteDance is developing custom CPUs amid a massive AI chip squeeze
The TikTok owner is struggling with severe supply shortages. (Reuters $)
+ Google, Amazon, and Microsoft are also building custom CPUs. (CNBC)
+ Taiwan’s “silicon shield” could be weakening. (MIT Technology Review)

4 Four tech giants have backed a clean energy push for AI data centers
Amazon, Google, Meta, and Microsoft have joined the initiative. (Quartz)
+ Investor Elemental Impact will deploy up to $5 million per project. (Axios)

5 Nvidia’s CEO is joining the board of Beijing’s Tsinghua University
His appointment comes as Nvidia struggles to export chips to China. (FT $)
+ President Xi is an alumnus of Tsinghua, aka “China’s Harvard.” (Reuters $)

6 The Trump administration is in talks to fund drone firms
One of which counts Donald Trump Jr. as a shareholder. (WSJ $)
+ Drone dominance has been described ​as a “presidential priority.” (Reuters $)

7 London has reclaimed its position as Europe’s leading tech hub
It’s overtaken Paris in new global rankings. (Euronews)
+ And now sits fourth, behind the Bay Area, New York and Boston. (Reuters $)

8 OpenAI and Anthropic disagree over AI’s impact on jobs
Anthropic is emphasizing the risks, while OpenAI is sounding rosier. (Axios)
+ The AI jobs hysteria needs a reality check. (MIT Technology Review)

9 Researchers claim to have achieved perfect randomness for the first time
Thanks to entangled quantum chips. (Interesting Engineering)
+ The milestone could lead to better cybersecurity. (Scientific American)