OpenAI is offering the US government a $42.6 billion, 5% ownership stake in the company, as CEO Sam Altman attempts to share AI's financial benefits with the public while navigating rising tensions with the Trump administration's growing interventionist approach to the AI industry.
Bernie Sanders, Donald Trump, and Sam Altman are uniting behind 'universal basic capital,' a bold policy that would give every American an ownership stake in AI companies to fight extreme wealth inequality, though experts warn the leading version of the plan may carry serious unintended consequences.
OpenAI proposes giving the U.S. government a $42.6 billion, 5% stake in the company as CEO Sam Altman pushes a broader plan for top AI firms — including Google, Meta, and Anthropic — to cede similar stakes through a sovereign wealth fund, amid growing Washington pressure over cybersecurity risks and …
OpenAI appoints former Uber India president Prabhjeet Singh as its first-ever India managing director, signaling a major push into its second-largest global market as competition with rivals like Anthropic heats up.
The Trump administration moves to lift restrictions on Anthropic's Fable 5 AI model after a 15-day government-ordered shutdown, with Commerce Secretary Howard Lutnick signaling progress on security concerns and limited access to cybersecurity model Mythos 5 being restored, as Anthropic and OpenAI push for a formal, transparent AI review process.
Tech giants OpenAI, Amazon, Microsoft, Google, and Anthropic are funding a $500 million nonprofit initiative called Raise Us to retrain American workers displaced by the very AI technology these companies are deploying, launching pilot programs across four states in a move that acknowledges growing tension between AI-driven layoffs and long-term …
Former U.S. Secretary of Commerce Gina Raimondo and former Indiana Governor Eric Holcomb launch RAISE US, a billion-dollar nonpartisan nonprofit backed by Amazon, Microsoft, and Anthropic, aimed at preparing American workers for an AI-driven economy through state partnerships, employer coalitions, and AI-powered career navigation tools.
A new bipartisan nonprofit, RAISE US, launches with $500 million from OpenAI, Amazon, Microsoft, and others to retrain workers displaced by AI, with ambitious plans to raise $1 billion — though its own leaders warn it may not be enough.
The Trump White House is freezing out Anthropic CEO Dario Amodei, reportedly calling him a 'weirdo' and refusing direct dealings with him, forcing cofounder Tom Brown to step in as tensions escalate over the regulatory future of the Claude Fable 5 AI model.
SpaceX signs a massive $6.3 billion computing deal with AI startup Reflection AI, granting access to Nvidia GB300 chips at $150 million per month starting July 2026, as the $25 billion company races to build open-source AI models for governments and enterprises.