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Top stories today:
- Trump tariffs reinstated by appeals court, for now
- OpenAI eyes screen-free devices in next phase of AI revolution
- U.S. Q1 GDP revised from -0.3% to -0.2%
- Meta, Anduril partner on XR gear to boost soldier senses
- Hugging Face unveils 2 open-source humanoid robots
- Manus AI brings Slides to generate āstructuredā presentations
0. Data and calendar
All values as of 6 AM ET / 3 AM PT, other than S&P500 and NASDAQ close (4 PM ET / 1 PM PT).
All times are ET.
Listen to our AI-generated podcast summarizing todayās newsletter (beware of hallucinations):
1. Trump tariffs reinstated by appeals court, for now
Manifold Markets has 68% odds for the Supreme Court upholding the unconstitutionality of broad tariffs:
Thu.: A federal court paused the lower-court Wed. ruling at the Trump adminās request.
The Trump team is plotting Plan Bs for reimposing tariffs, if courts end up blocking its imposition by using emergency economic powers.
Separately, a second federal court ruled Thu. against Trumpās emergency tariffs.
āThe International Economic Emergency Powers Act does not authorize the President to impose the tariffs set forth,ā the court said.
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3. OpenAI eyes screen-free devices in next phase of AI revolution
Representational image generated using OpenAIās ChatGPT.
OpenAI wants to build an āambient computer layerā that can detach people from the screen, COO Brad Lightcap said.
Last week, OpenAI bought Jony Iveās io for $6.5B to explore AI hardware developments.
Lightcap also revealed that ChatGPTās enterprise customers have grown to 3M from 2M in Feb.
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