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 RFK Jr. suggests antidepressants to blame after shooting. Isolated tribe members show up in an unexpected place. Trump just used a spending maneuver last seen nearly 50 years ago. A government watchdog is warning the FAA about meteorologists. Report an error