Matthew Martin / Semafor:
Alat, a $100B Saudi Arabia PIF-backed electronics manufacturing fund, has removed CEO Amit Midha; sources say it has dropped plans to invest in chip production  —  The Scoop  —  Know More  —  Notable  —  THE SCOOP  —  Saudi Arabia's sovereign wealth fund has dismissed Alat CEO Amit Midha …

Sam Sabin / Axios:
OpenAI says a GitHub workflow used to sign its macOS apps downloaded a malicious Axios library on March 31, but no user data or internal system was compromised  —  OpenAI said Friday that it found evidence that one of its internal tools downloaded a compromised update from a recently infected, legitimate open-source software library.

Bloomberg:
Sources: three senior executives who helped launch OpenAI's Stargate initiative are leaving the company and joining Meta  —  Three key players in OpenAI's massive effort to set up hundreds of billions of dollars' worth of artificial intelligence data center capacity are joining Meta Platforms Inc. …

Jack Queen / Reuters:
The US CFTC says a district court judge granted its request for a temporary restraining order barring Arizona from continuing its criminal case against Kalshi  —  A federal judge on Friday blocked Arizona from continuing its criminal case against prediction market Kalshi …

Wall Street Journal:
Sources: US National Cyber Director Sean Cairncross is leading an effort to identify security vulnerabilities in critical infrastructure that AI could exploit  —  Group led by National Cyber Director Sean Cairncross aims to identify security vulnerabilities before models from Anthropic, OpenAI are released