Technology | One Laptop Per Child If $100 Is Too Steep, Wait for the $75 Laptop One Laptop Per Child exec spins out new firm to make cheaper model By Katherine Thompson Posted Jan 10, 2008 3:30 AM CST Copied Nicholas Negroponte, founder and chairman of the One Laptop per Child non-profit, gestures during his speech at the Consumer Electronics Show (CES) in Las Vegas, Wednesday, Jan. 9, 2008. (AP Photo/Paul Sakuma) (Associated Press) The former chief technology officer of the One Laptop Per Child program has formed a spin-out company that seeks to take the XO laptop a step further—and reduce the cost of the basic computer from $100 to $75. The new operation, Pixel Qi, will aim to develop a cheaper computer—as well as other low-power electronics—using much of the technology spawned by One Laptop, reports the New York Times . Critics accuse founder Mary Lou Jepsen of hijacking advances at her former operations for personal profit, but others praise her for creating something new from the foundering nonprofit. Pixel Qi will continue to work with One Laptop, gaining profit only from its dealings with commercial enterprises. Read These Next The Reiners murders and arrest have called attention to a 2015 film. More details coming out about the last party the Reiners attended. Rob Reiner's son has been arrested after murder of his parents. Hero who disarmed Australia shooter might lose his arm. Report an error