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Delaware

5 GoKawiil briefs on this topic

House Oversight chair demands records on Delaware's AI-run company plan

House Oversight Committee Chairman James Comer sent a letter to Delaware Governor Matt Meyer on October 26 requesting documents on the state's proposed Artificial Intelligence Company (AIC) framework. The draft legislation would create a 30-month regulatory sandbox letting a single-member entity be run by an AI agent without routine human oversight, while shielding the human or corporate member from most liabilities except fraud or willful lawbreaking.

House Oversight chair presses Delaware governor over AI-run company proposal

Rep. James Comer sent a letter to Delaware Governor Matt Meyer requesting documents on a draft bill that would create 'Artificial Intelligence Companies,' entities that could be operated by AI agents instead of human managers in nearly any industry except banking. The draft includes a 30-month regulatory sandbox to test the concept, which supporters say could boost Delaware's tax and fee revenue from business incorporations.

Former Groq engineers sue over Nvidia $20B acquisition deal

Two ex-Groq employees have filed a class action lawsuit against the company's former board and CEO, claiming they transferred company technology and personnel to Nvidia as part of a $20 billion deal. The suit, filed in Delaware, questions the valuation and proceeds of the licensing agreement, which included a $17 billion fee and a $3 billion stock pool for engineers. Groq maintains that the deal provided significant value and is pursuing its own technology development independently.

Delaware team builds battery-based device to capture CO2 more efficiently

Researchers led by James Buchen at the University of Delaware have developed an electrochemical carbon-capture device that uses a battery-like setup instead of conventional filters. Hydroxide generated at the cathode reacts with CO2 to form carbonate, which crosses a membrane to the anode where a lower pH reverses the reaction, releasing pure CO2 gas.

EU Inc campaign warns lawmakers not to dilute proposed pan-EU startup company status

A coalition of European founders and VCs published an open letter urging EU lawmakers to preserve key features of the proposed 'EU Inc' company statute, which would allow startups to incorporate once and operate across the bloc. They warn that national lobbies, including Germany's notary association, are pushing changes that could weaken the framework before final negotiations conclude.