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

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Why This Matters

This week’s tech news highlights significant developments in AI regulation, industry supply chains, and the growing emphasis on sustainable data centers, underscoring the industry's shift towards safer, more responsible, and environmentally conscious innovation. These changes impact both consumers and the broader tech ecosystem by shaping future AI policies, supply strategies, and energy use practices.

Key Takeaways

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

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