What You Missed (4/26 - 5/2)

Meta Making Robotics Push
Meta is buying Assured Robot Intelligence to tap its expertise in general‑purpose robot AI, aiming to train humanoid “physical agents” that learn directly from human experience and can be controlled end‑to‑end, starting from dexterous robotic hands and expanding into full humanoid platforms.

SoftBank Wants to Automate Data Center Construction
SoftBank’s Masayoshi Son is launching Roze, a new U.S.-based AI and robotics firm aimed at building AI data centers, chasing a $100 billion valuation and an IPO as soon as this year as part of SoftBank’s escalating bet on AI infrastructure.

Big 12 Ink Deal With Red Bird Capital
The Big 12 has become the first major conference to seal a league-wide private capital partnership, striking a five-year deal with RedBird and Weatherford that injects at least $12.5 million into the conference office, offers schools an optional $30 million credit line, and positions the league for a richer media rights future as college sports race toward a semi-professional, cash-hungry era.

Microsoft and OpenAI End Exclusivity
OpenAI breaks free from Microsoft exclusivity in landmark deal restructuring. The startup can now sell directly on Amazon and Google cloud platforms while committing to $250B in Azure usage by 2032. Microsoft reduces OpenAI dependence by developing its own models and integrating competitors like Anthropic.

AI Agent Independently Forms Company
ClawBank is launching infrastructure for ‘agent-first’ companies after its AI agent Manfred successfully incorporated a U.S. entity on its own, highlighting how autonomous software could soon transact, hold funds, and operate within existing corporate law.

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Sallie Mae Sued By Founder They Acquired
In a new lawsuit and SEC whistleblower complaint, Scholly founder Chris Gray accuses Sallie Mae of betraying the mission that drew him to sell—helping students afford college—by firing him and using a separate “education solutions” arm to sell the very student data he believed a regulated bank would protect, allegations the company strongly denies.

Paramount Sued By Subscribers
A new class-action complaint from Paramount+ and cable subscribers seeks to stop the Paramount–Warner Bros. Discovery tie-up, alleging the Skydance-backed merger would create a media giant with outsized control over streaming, theatrical distribution, and news, leading to higher prices, fewer films, and diminished editorial independence, despite Paramount’s claim it will bolster competition.

FDA Launches Real-Time Clinical Trial Data Initiative
AstraZeneca and Amgen are first movers in an FDA pilot that streams live trial data to reviewers, promising quicker phase transitions and pandemic responsiveness but reviving ethical and policy debates about privacy, review quality, and Makary’s broader agenda at the agency.

A Push for Banning Chinese Robots
Warning that Beijing is flooding the U.S. with risky robotics, lawmakers led by Tom Cotton, Chuck Schumer, and Elise Stefanik have introduced a bill to bar federal use of unmanned ground systems built by Chinese and other adversary nations.

$77M - in tax breaks for JP Morgan to create one job

20M - public rides completed by Waymo

5.5M - customers affected in ADT data breach

$500M - commitment to build predictive models of life