OpenAI offers Uncle Sam a slice of the AI casino – Fudzilla.com
AI News Jul 2, 2026 by Nick Farrell OpenAI offers Uncle Sam a slice of the AI casino OpenAI has floated giving the US government a five per cent bribe stake to…
Speaking on Air Force One (per CNBC reporting), President Donald Trump said his administration would consider investing in AI companies to "create almost a partnership with the American public," noting that discussions are already in progress. "We're talking about it," POTUS added, indicating that "where the American people can benefit from the success of AI, the American people will like it better." "It would be a beautiful thing," he declared about the partnership that would make American citizens beneficiaries of the proposed investments. "It would make 'em rich." By linking itself financia
'It would make 'em rich': Trump looks to secure government stake in US AI giantsAI News Jul 2, 2026 by Nick Farrell OpenAI offers Uncle Sam a slice of the AI casino OpenAI has floated giving the US government a five per cent bribe stake to…
…to governments is they create powerful regulatory bodies, but with a lot of flexibility into how they will operate in the future." The original order, drafted in consultation with various stakeholders, balanced…
…state government and residents,” FT reported. In the spring, OpenAI first proposed creating an AI wealth fund that “provides every citizen—including those not invested in financial markets—with a stake in…
…AI needs business ownership For any business transformation, stakeholder engagement is the first hurdle. The challenge is turning early interest and isolated pilots into initiatives that are scalable, well-governed, and tied…
…Topics AI , government , Government & Policy , OpenAI , sam altman When you purchase through links in our articles, we may earn a small commission . This doesn’t affect our editorial independence. Russell Brandom Russell…
…While Donald Trump has toyed with the idea of the US government taking a stake in leading AI firms, he seems unlikely to get behind Sanders’ plan. His former AI czar, David…
AI + ML Anthropic sues US government after unprecedented national security designation Brands Trump administration decision 'legally unsound' and has 'no choice but to challenge it in court' AI giant Anthropic says that…
…Altman testified that he owns a nearly $2 billion equity stake in the nuclear energy startup, Helion. He also confirmed that OpenAI struck an agreement with Helion in 2024 that would allow…
…The lawsuit, which was filed in a federal court in California, requested that a judge reverse the designation and stop federal agencies from enforcing it. “The Constitution does not allow the government…
…Companies sometimes share proprietary information with investors or lean on them for advice or governance, and having stakes in rivals invites awkward conversations. But the venture capital industry has evolved as funds…