President Donald Trump said on Friday that he’s spoken to AI companies about striking deals “where the American people can benefit from the success of AI.” Trump does not seem to have mentioned specific companies in his comments, but OpenAI is a likely candidate, especially after CNBC reported that… …
… The discussions have led to a potential agreement that could see OpenAI voluntarily offer some equity to the US government, which would help the company achieve something similar to its proposed " Public Wealth Fund ." OpenAI first suggested this fund in an industrial policy outline published in Ap… …
… "There were fights in the 1990s, but the stakes have only gotten higher in the current moment," she said. …
… One surprise was the sheer volume of Nvidia’s stakes in privately held companies listed in the filing as “non-marketable equity securities” , which nearly doubled between January and April. …
… ABP, a Dutch pension fund that sold off a stake approaching $600 million in Tesla in 2024, declined to comment on potential future investments in SpaceX. …
… In it, he noted that a top reason why he didn’t want anyone, including Musk, to have “unilateral control” over how OpenAI runs was not because Brockman wouldn’t make as much money if Musk had a larger equity share but because that “technology that we’re building is just too important.” Ashley is a … …
… Meanwhile, the nonprofit — now known as the OpenAI Foundation — holds equity in the for-profit arm, a stake valued at $130 billion at the time the agreement was announced. …
… At the trial, Altman shocked onlookers by admitting for the first time that he had equity in OpenAI, which he secretively secured through an indirect stake via Y Combinator, Mashable reported . …
… There’s also reserved equity for employees, and the cap table denotes each initial employee’s name or nickname followed by a proposed amount of equity. …
… Key Responsibilities Payroll Assist with end-to-end payroll processing for U.S. employees on a bi-weekly basis Maintain and update employee records in the payroll system, including new hires, terminations, salary changes, and deductions Reconcile payroll reports and resolve discrepancies in a timel… …