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Texas Sued Over Its Lab-Grown Meat Ban

2 months ago
An anonymous reader shares a report: Two cultivated meat companies have filed a lawsuit against officials in Texas over the law that bans the sales of lab-grown meat in the state for two years. California-based companies UPSIDE Foods, which makes cultivated chicken, and Wildtype, which makes cultivated salmon are suing Attorney General Ken Paxton, Texas Department of State Health Services, Texas Health and Human Services, and Travis County, accusing them of government overreach. "This law has nothing to do with protecting public health and safety and everything to do with protecting conventional agriculture from innovative out-of-state competition," said Paul Sherman, a senior attorney at the Institute for Justice, a nonprofit law firm that is representing UPSIDE Foods and Wildtype. "That is not a legitimate use of government power." In June, lawmakers passed Senate Bill 261, which bans the sale of lab-grown meat in Texas for two years. Lab-grown meat, also known as cell cultivated meat or cultured meat, is made from taking animal cells and growing them in an incubator or bioreactor until they form an edible product.

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OpenAI Says Its Business Will Burn $115 Billion Through 2029

2 months ago
An anonymous reader shares a report: OpenAI recently had both good news and bad news for shareholders. Revenue growth from ChatGPT is accelerating at a more rapid rate than the company projected half a year ago. The bad news? The computing costs to develop artificial intelligence that powers the chatbot, and other data center-related expenses, will rise even faster. As a result, OpenAI projected its cash burn this year through 2029 will rise even higher than previously thought, to a total of $115 billion. That's about $80 billion higher than the company previously expected. The unprecedented projected cash burn, which would add to the roughly $2 billion it burned in the past two years, helps explain why the company is raising more capital than any private company in history.

Read more of this story at Slashdot.

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