Top stories today:

1. Trump moves to oust Fed Gov. Lisa Cook over alleged mortgage fraud
2. Chinese scientists perform 1st pig-to-human lung transplant
3. Elon’s xAI sues Apple, OpenAI over AI competition, App Store rankings
4. a16z, OpenAI’s Brockman back $100M super-PAC for AI policy
5. NVIDIA’s Jetson AGX Thor “robot brain” goes on sale for $3.5K

0. Data and calendar

Listen to our AI-generated podcast summarizing today’s newsletter (beware of hallucinations):

1. Trump moves to oust Fed Governor Lisa Cook over alleged mortgage fraud

Markets are seeing a 19% chance that Trump will fire Cook by Sep. 30:

• Have “sufficient cause” to fire Cook, Trump said.

• Trump has no authority to fire, Cook said, adding that she won’t quit.

• “I will continue to carry out my duties to help the American economy as I have been doing since 2022,” Cook stated.

• Planning to take “whatever actions are needed to prevent” Trump’s “illegal action,” Cook’s lawyer Abbe Lowell said.

• May: the Supreme Court signaled it would shield the Fed board from Trump’s at-will removals.

2. Chinese scientists perform 1st pig-to-human lung transplant

• Scientists transplanted a pig’s left lung, modified with six gene edits, into a brain-dead 39-year-old man.

• The organ sustained damage after it was transplanted but functioned to some degree.

• It was removed after 9 days.

• The test didn’t prove the transplant could sustain life because the patient’s right lung remained, critics said.

• The pig’s lung showed damage within 24 hours of the transplant, with antibody-mediated rejection observed at days 3 and 6.

4. Elon’s xAI sues Apple, OpenAI over AI competition, App Store rankings