🇺🇸 BIG: The Trump administration is nearing a voluntary AI framework requiring companies to submit their most advanced models to the government before release, per The Information.
#🇺🇸 LATEST: OpenAI CEO Sam Altman heads to Washington this week for White House and Congressional meetings on AI policy, per POLITICO.👻👻$GOOG.US $NVDAB
LATEST: ⚡️ Nasdaq-listed K Wave Media has officially sold all its Bitcoin, ending a treasury plan that once aimed for 10,000 BTC, as it pivots to AI data centers and GPU computing.
BREAKING: OpenAI has reportedly proposed giving a 5% equity stake to the U.S. government, according to the Financial Times.
At OpenAI's current $852 billion valuation, a 5% stake would be worth $42.6 billion.
CEO Sam Altman has reportedly pitched the idea directly to President Trump, Commerce Secretary Howard Lutnick and Treasury Secretary Scott Bessent as a way to align the public with AI's economic upside and reduce political resistance.
The proposal would encourage other leading U.S. AI companies - including Anthropic, Google and Meta to contribute similar stakes to a sovereign wealth-style fund modeled after the Alaska Permanent Fund, which pays dividends from state investment returns.
The discussions are preliminary and any arrangement would likely require approval from Congress.