MacRumors.com

The Wall Street Journal reports on an initiative to develop a $100 laptop targetted at school children in developing nations. A non-profit organization called One Laptop Per Child has been formed to oversee the project with plans to put the laptop into the hands of 100-150 million children.

The $100 design remains a challenge and has not yet been solidified, but due to the scope of the project has drawn interest from many industry leaders, including Microsoft and Apple.

According to the WSJ, Steve Jobs offered to provide Mac OS X for free for the upcoming machine. The offer was declined, however, as they were looking for a 100% opensource solution. This offer, however, was only possible as Mac OS X is now capable of running on the x86 architecture as well as the PowerPC. The new $100 laptop will be powered by an AMD processor running Red Hat Linux.

Official site: http://laptop.media.mit.edu/