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GOP allies of former President Trump are digging for dirt on President Biden and other Democrats amid the former president’s indictment, this week turning to Sen. Chuck Grassley (R-Iowa), who is pushing claims about an influence peddling operation, drawing fierce denials from the White House.   

The unverified claims involving Biden and his son Hunter Biden are murky, but are being aired by the 89-year-old Iowa Republican, who was invited to give a presentation Wednesday to the Senate Republican Steering Committee about the claims made by an unnamed foreign national. 

Grassley doesn’t have much to go on, other than an FD-1023 form from the FBI stating that the unnamed foreign national claimed to have two recorded phone conversations with then-Vice President Biden and 15 recorded phone conversations with Hunter Biden, revealing what the Iowa senator described as an “alleged bribery scheme.”   

Biden’s allies say Grassley is trying to recycle the unsubstantiated and debunked claims that former President Trump made before the 2020 election accusing Biden of doing political favors as vice president to help Hunter Biden’s business dealings connected to Ukraine.   

“Republicans are once again reminding Americans they are doing Donald Trump’s political dirty work, and that tells you everything you need to know about the seriousness of these political stunts,” said Ammar Moussa, a spokesperson for the Democratic National Committee.   

“Congressional Republicans are openly admitting they’re peddling debunked conspiracy theories in an embarrassing attempt to improve their political prospects heading into 2024,” the spokesperson said.   

During the 2020 presidential campaign, Trump and his supporters spread the claim that Biden pushed for the firing of Ukraine’s top prosecutor in order to halt an investigation of his son, who received hundreds of thousands of dollars in compensation for sitting on the board of Burisma, a Ukrainian energy company.    

The Associated Press at the time described the allegation as “a widely discredited theory.”   

Grassley doesn’t know if the phone recordings exist or if the FBI was able to track them down. But he says the FBI has been extremely reluctant to talk about the information contained in the document, despite it being unclassified.    

Grassley, a senior member of Senate Judiciary Committee, and Rep. James Comer (R-Ky.), the chairman of the House Oversight and Accountability Committee, are the only two Republicans on Capitol Hill who have read the unredacted version of the document.    

Other GOP lawmakers have read a redacted version that blotted out reference to the claim by the unnamed foreign national.   

“They asked me to make a presentation to the caucus,” Grassley said of his briefing. “I’ve read the unredacted version [of the FD-1023 form], so I know more than the members of the House Oversight Committee.   

“The only judgment we’re trying to make is if the FBI is doing its work,” he said. “They haven’t communicated with me.”   

Grassley also discussed the issue in detail during a speech on the Senate floor Monday.    

“As I’ve repeatedly asked since going public with the existence of the 1023: What, if anything, has the Justice Department and FBI done to investigate?” he said.   

The veteran lawmaker said he’s trying to get the FBI to share the FD-1023 form, a standard document that outlines a source’s allegations, more widely with the public and the media. According to the society of former special agents of the FBI, the FD-1023 is the form special agents use to record raw, unverified reporting from confidential human sources   

Rep. Jamie Raskin (D-Md.), the ranking member of the House Oversight Committee, this month said that the FBI and Justice Department under the leadership of then-Attorney General Bill Barr reviewed the allegations made by the unnamed foreign national and found they did not merit further investigation.   

Raskin said the FD-1023 form that Grassley and Comer reviewed contained an allegation from the unnamed foreign national that relayed a conversation with another person and that the source could not corroborate the information.    

Raskin dismissed the claim as “secondhand hearsay” and argued the “confidential human source said that he had no way of knowing about the underlying veracity of the things that he was being told,” according to a New York Times report.   

NBC News, citing a senior law enforcement official, reported this month that the FBI and Scott Brady, then the U.S. attorney for Western Pennsylvania, reviewed the allegation in 2020 and found the bribery allegation wasn’t substantiated.   

Republican senators say if any evidence emerges that Biden was involved in improper activity benefiting Burisma, a Ukrainian energy company that paid Hunter Biden lavishly to sit on its board, it could shake up the political landscape ahead of the 2024 election.   

Some GOP senators are skeptical of the FBI’s and the Department of Justice’s handling of the allegations against the Bidens, even though it was the Trump Justice Department made the initial assessment that they did not warrant deeper investigation.   

“I think the FBI is the premier law enforcement agency in all of human history, but some Americans — many Americans — have a lost a lot of confidence in them,” said Sen. John Kennedy (R-La.), who cited the controversial decision of then FBI Director James Comey to investigate both Hillary Clinton and Trump during the 2016 presidential election.    

Republicans in the House and Senate who are aligned with Trump have dug into the argument that the FBI and Justice Department have been weaponized for political reasons.   

Kennedy called on Attorney General Merrick Garland and FBI Director Christopher Wray to appear before the Senate Judiciary Committee “and tell us what’s going on.”    

“If they say, ‘We’ve got the 1023, we’re investigating,’ I think you’ll see most people back off,” he said.    

Sen. Thom Tillis (N.C.), another Republican on the Judiciary Committee, said GOP lawmakers want to know more about why Brady, the U.S. attorney, decided not to investigate the allegation.

“Why on earth, if you really think there’s no ‘there’ there, wouldn’t you answer the simple question about, how do you arrive at that decision?” Tillis said, summarizing a discussion among fellow Republicans on the Judiciary Committee on Thursday morning.    

“If there’s an active investigation, we stand back, let the investigation go,” he said. “It’s not unprecedented to say, ‘Let’s just get the facts that allowed a U.S. attorney to not pursue it.”   

Tillis said Republicans are “suspicious.”   

“Maybe there is an active investigation [and] they don’t want that known,” he said. “Why don’t they resolve the issue by telling us the facts that led them to not move on.”   

Still, even some Republican senators are skeptical of an anonymous claim that Biden was involved in a bribery scheme.    

“I have known President Biden probably for 25 years. I like him, I respect him, I disagree with him more times than not, but if you ask me, ‘Is Joe Biden the type of guy who would take a $5 million bribe,’ my answer is, based on my experience, no,” Sen. Lindsey Graham (R-S.C.) said at a Judiciary Committee business meeting Thursday.    

Graham is the ranking member of the committee and has endorsed Trump’s 2024 presidential bid.    

Up until now, GOP senators have largely been content to leave the Biden investigation to Comer and other Republican members of the House Oversight and Reform Committee.    Biden selects Mandy Cohen as next CDC director DC-area rain levels 7 to 9 inches below normal as drought gets worse across region

But the slow progress, combined with mounting concerns over Trump’s legal problems, have spurred GOP senators look for ways to get more involved in pressing for the FBI to scrutinize Biden’s business dealings before winning the 2020 election.   

One Republican senator familiar with internal conversations said Republican senators have barely talked among themselves about the 37-count indictment that Department of Justice special counsel Jack Smith unveiled against Trump last week.   

Instead, they’re focusing on trying to level the political playing field by finding a “game changer” they hope will put scrutiny on Biden instead, the senator said.   

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EQORE bags $1.7M to bring smart storage to power-hungry factories

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EQORE bags .7M to bring smart storage to power-hungry factories

EQORE, a distributed battery storage startup based in Somerville, Massachusetts, has raised $1.7 million in seed funding to help industrial buildings tackle rising electricity costs. The round was oversubscribed and includes backing from the Massachusetts Clean Energy Center (MassCEC), Henry Ford III of Ford Motor Company, and Jonathan Kraft of The Kraft Group.

The timing couldn’t be more relevant. Data centers are booming, and that demand is slamming an already stressed grid. Big, utility-scale batteries help at the grid level, but they can’t fix the bottlenecks happening on local distribution networks. That’s where onsite storage steps in — storing energy when demand is low and discharging it when demand spikes, which helps stabilize costs for both the grid and the businesses using it.

MassCEC’s head of investments, Susan Stewart, said, “What excites us the most about EQORE’s technology is the dual impact: grid support and customer savings.” She noted that commercial and industrial buildings are ideal hosts for battery storage, but haven’t gotten much attention until now. “EQORE is closing that gap.”

Investor Randolph Mann highlighted what makes the company stand out: “By uniting advanced controls with high‑resolution metering and true end‑to‑end service, EQORE finally makes commercial behind-the-meter storage effortless and financially compelling for businesses.”

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EQORE comes out of MIT’s Sandbox program and delta v accelerator and is currently part of the Harvard Climate Entrepreneurs Circle incubator. CEO and cofounder Valeriia Tyshchenko, a third‑generation engineer from Ukraine and MIT graduate, said the new funding will help the company scale alongside its existing revenue.

With the seed round closed, EQORE plans to grow its team and ramp up battery deployments at energy-intensive manufacturing facilities. The company doesn’t just install batteries; it operates them. Its autonomous software shifts when a facility uses power based on market conditions and utility incentives, reshaping load in real-time without disrupting operations.

Read more: Battery boom: 5.6 GW of US energy storage added in Q2


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Check out Hyundai’s cool new off-road electric SUV concept [Images]

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Check out Hyundai's cool new off-road electric SUV concept [Images]

Hyundai took the sheets of its new off-road electric SUV, the Crater Concept, at the LA Auto Show. Here’s our first look at the compact off-roader.

Meet Hyundai’s new off-road SUV, the Crater Concept

We knew it was coming after Hyundai teased the off-road SUV earlier this week, hidden under a drape. Hyundai took the sheets off the Crater Concept at the LA Auto Show on Thursday, giving us our first real look at the rugged off-roader.

Hyundai refers to it as a compact off-road SUV that’s inspired by extreme events. The concept was brought to life at the Hyundai America Technical Center in Irvine, California.

The off-road SUV draws design elements from Hyundai’s Extra Rugged Terrain (XRT) models, such as the IONIQ 5 XRT, Santa Cruz XRT, and the new Pallisade XRT Pro.

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Although it’s a concept, Hyundai said the Crater Concept is a testament to its commitment to designing future XRT vehicles that are more functional, more capable, and more emotional.

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The Hyundai Crater off-road SUV Concept (Source: Hyundai)

“CRATER began with a question: ‘What does freedom look like?’ This vehicle stands as our answer,” Hyundai’s global design boss, SangYup Lee said.

The off-road SUV features Hyundai’s new Art of Steel design theme, first showcased on the THREE concept at the Munich Motor Show in September.

Hyundai-off-road-SUV
The Hyundai Crater Concept (Source: Hyundai)

Hyundai said the design team was guided by one clear goal: To create a rugged and capable vehicle that’s designed to go anywhere. The Crater Concept embodies that vision with added wide skid plates, 33″ off-road tires, limb risers, rocker panels, and a roof platform.

Hyundai designed the interior for “tech-savvy adventure seekers,” with a singular design centered around a high-brow crash pad that stretches across the dashboard.

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The Hyundai Crater Concept (Source: Hyundai)

The concept also swaps the traditional infotainment setup for a head-up display that spans the entire front window, which Hyundai said includes a live rearview camera.

Hyundai’s off-roader includes a new Off-Road Controller for front and rear locking differentials, as well as a terrain selector with modes including Sand, Snow, and Mud. Other off-road features include downhill brake control, trailer brake control, a compass, and an altimeter.

Although Hyundai said it was electric, it didn’t reveal any further details about the powertrain. The off-road SUV could be a battery-electric or fuel-cell-electric vehicle.

Like the new Nexo, Hyundai’s hydrogen fuel cell vehicle, the concept features “HTWO” lamps exclusive to its FCEVs.

Earlier this week, the design team at Hyundai Design North America also introduced its new design and ideation studio codenamed “The Sandbox.” The creative design studio is set to serve as a global hub for future XRT vehicles and gear.

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OpenAI taps iPhone assembler Foxconn to manufacture data center components in U.S.

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OpenAI taps iPhone assembler Foxconn to manufacture data center components in U.S.

OpenAI taps Foxconn to build AI hardware in the U.S.

OpenAI is partnering with Taiwan’s Foxconn, the world’s largest contract electronics manufacturer, to design and build artificial intelligence data center components in the U.S., the AI startup’s latest announcement tied to its massive infrastructure development plans.

While no financial terms were disclosed, OpenAI said in Thursday’s announcement that it will have early access to evaluate the systems Foxconn produces, and the option to purchase them. The companies said the goal is to accelerate the deployment of infrastructure while securing long-term U.S. capacity.

Under the agreement, OpenAI and Foxconn will co-develop multiple generations of AI servers in parallel, while manufacturing core components like power, networking, and cooling systems at Foxconn’s U.S. facilities. The company’s website says it has factories in Wisconsin, Ohio, Texas, Virginia and Indiana.

“This partnership is a step toward ensuring the core technologies of the AI era are built here,” OpenAI CEO Sam Altman said in a statement, calling AI infrastructure a “generational opportunity to reindustrialize America.”

OpenAI has been on a dealmaking blitz of late with many of the world’s largest technology companies, and has announced spending commitments of roughly $1.4 trillion, raising concerns about whether the startup will ever generate enough profit to justify those investments. Altman said earlier this month that the company will hit $20 billion in annualized revenue by the end of this year and hundreds of billions by 2030.

Prior deals include a $100 billion announced — but unfinalized — agreement with Nvidia for the chipmaker to invest in OpenAI in phases as the company builds out infrastructure. OpenAI also has cloud partnerships with Microsoft, Google and Amazon and hefty compute buildout commitments with Oracle.

Foxconn adds a manufacturing layer, further localizing OpenAI’s supply chain and potentially speeding the pace of deployment. The company is best known for assembling Apple’s iPhones but has expanded into AI and automotive manufacturing. It builds server racks tailored for AI workloads and is a key global supplier to Nvidia, the dominant player in high-end AI chips.

“Foxconn is uniquely positioned to support OpenAI’s mission with trusted, scalable infrastructure,” said Chairman Young Liu.

But the company has a checkered history in the U.S. In 2018, Foxconn broke ground on what was supposed to be a massive factory in Wisconsin for making flat-panel displays. That project was a failure, and is now the site of an AI data center being built by Microsoft.

WATCH: Anthropic adds $50 billion to AI’s mounting debt pile with new U.S. data-center push

Anthropic adds $50 billion to AI’s mounting debt pile with new U.S. data-center push

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