In May, the federal government announced without warning that it would take apart a network of ocean monitoring systems that it had spent over $350 million to build. No reason was given for the decision to shut down the Ocean Observatories Initiative (OOI), but suspicion immediately focused on the network's role in tracking climate change.

But the OOI also provides data that's useful for weather forecasting and fisheries management, leading to widespread opposition. Today, it appears that the opposition has won, as the government will announce that it's reversing the decision. The big remaining question is how much damage the OOI took during the intervening month.

As of now, there is no formal statement available from the federal government. However, The New York Times reports that the decision will be announced later today, and Ars received a statement from Zoe Lofgren, the ranking Democrat on the House Science Committee, indicating that the decision has been made.

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Bernie Sanders has unveiled an aggressive plan to transfer trillions from leading AI firms to the public, and, to the likely horror of AI firms, it goes even further than expected to give Americans more control over the AI industry.

Sanders shared a summary of his legislation with AP News. If passed, the law would create a sovereign wealth fund “financed through a one-time 50 percent tax on the stock of the largest AI companies,” AP News reported. Any AI firm that does $200 million in annual AI sales would be subject to the tax, as would any new firm once it reaches that revenue level.

In total, Sanders estimated the fund could be worth $7 trillion, generating “hundreds of billions of dollars annually in direct payments to Americans and programs such as health care, education and housing,” AP News reported. Each American would likely receive more than $1,000 annually in 5 percent annual dividends, Sanders estimated.

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