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OpenAI is discussing a plan to transfer 5% equity to a public investment vehicle. The proposal would also involve other U.S. AI companies and may require congressional approval.
cnbc.comOpenAI is in early-stage discussions to transfer a 5% equity stake in the company to the U.S. government, according to a report citing two people familiar with the talks. The proposal would create a mechanism to share financial gains from artificial intelligence with the public. The same report said the plan would require other major U.S. AI developers to contribute similar stakes.
AI companies face increasing regulatory pressure. Last month Anthropic suspended access to one of its newest models after the government ordered limits on use by foreign nationals on national security grounds. This week Anthropic said it had restored customer access after addressing the government’s safety concerns.
Both OpenAI and Anthropic have previously published policy papers suggesting that a public or sovereign wealth fund may eventually be needed to distribute shares to citizens. In April, OpenAI stated that a public wealth fund could give every citizen a stake in AI-driven economic growth.
OpenAI and Anthropic are preparing to list on U.S. stock exchanges, with some investors projecting valuations above $1 trillion for each company.
espn.comOpenAI has discussed giving the U.S. government a 5% ownership stake valued at roughly $42.6 billion. The proposal would require other leading U.S. artificial-intelligence firms to transfer comparable stakes.
CnbcVlad Tenev outlined plans to extend institutional-grade AI trading tools to retail users. The comments came as the company expanded crypto offerings in Europe and reported recent stock gains.
enr.comMeta is building a cloud computing business to sell excess compute capacity to other companies, Bloomberg reported July 1. The company's shares rose more than 10 percent after the report.