Eli Castillo2 min read
OpenAI Proposes 5% Stake for Trump Administration, FT Reports
OpenAI reportedly floated giving the U.S. government a 5% stake, with other AI firms possibly asked to follow. Neither party has confirmed the plan.
openai
Eli Castillo2 min read
Harvey Walker3 min read
OpenAI Weighs Giving US Government 5 Percent Stake
OpenAI is weighing a 5% government stake as political pressure mounts over AI profits, with Bernie Sanders pushing nationalization and rivals floating their own redistribution plans.
Eli Castillo2 min read
Microsoft Launches New Firm to Help Companies Adopt AI
Microsoft launches a $2.5 billion company to help enterprises mix and match AI models instead of relying on one provider, joining Amazon and Palantir in a fast shifting market.
Harvey Walker2 min read
SoftBank Revives $10 Billion OpenAI Loan Talks
SoftBank is negotiating a $10 billion loan backed by its OpenAI stake, offering to guarantee repayment after earlier talks stalled over valuing the private AI company.
Bobby Ramos1 min read
OpenAI Discusses $43bn Stake With White House
OpenAI is reportedly discussing a $43 billion government stake ahead of its potential $1 trillion IPO. Here's what the numbers reveal about the deal and its risks.
Arnold Tucker5 min read
OpenAI Custom AI Chip Arrives
OpenAI has unveiled Jalapeño, its first custom AI chip built with Broadcom. The company claims it beats current state-of-the-art silicon in early testing, a direct shot at Nvidia. Here is…