OpenAI Offers US Government a $42 Billion Slice of Itself: Report
Sam Altman is pitching a 5% equity stake in OpenAI for the U.S. government—and reportedly wants every major AI company to do the same.
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Sam Altman is pitching a 5% equity stake in OpenAI for the U.S. government—and reportedly wants every major AI company to do the same.
The lawsuit underscores the urgent need for robust mental health safeguards in AI systems, potentially influencing future regulatory frameworks. The post Bipolar man sues OpenAI and Sam Altman over ChatGPT’s role in suicide attempt appeared first on Crypto Briefing.
Altman's proposal could reshape global AI governance, fostering international cooperation and potentially influencing tech and digital asset markets. The post Sam Altman proposes international AI safety framework modeled after nuclear watchdog appeared first on Crypto Briefing.
A US-led world order would hand a big advantage to an American oligopoly that includes his own company
OpenAI CEO Sam Altman has reportedly proposed giving 5% of the company’s equity to a U.S. sovereign wealth fund, reviving discussions about letting the public share in the financial gains from the AI boom.
Insiders say Sam Altman is in active talks with the Trump administration.
OpenAI has floated giving the US government a 5 percent ownership stake as a way of easing tensions with the Trump administration and blunting mounting public backlash against AI, according to the Financial Times. CEO Sam Altman argued that giving the public a financial interest in the company would be the best way to share the upside of AI, the FT reported, citing two unnamed people familiar with the talks. He's said to have first pitched the idea to Trump early last year. Altman reportedly suggested the 5 percent figure. Based on OpenAI's latest funding round, which ended with the company valued at $852 billion, that stake would be worth … Read the full story at The Verge.
CEO Sam Altman argued move would share benefits of AI and it would involve other firms doing similar, report says Business live – latest updates OpenAI is reportedly in early stage talks to give a 5% stake in the ChatGPT developer to the US government as artificial intelligence companies attempt to smooth relations with Donald Trump’s administration. The OpenAI chief executive, Sam Altman, has argued that giving the US public a financial stake in the company is the best way to share the benefits of AI, according to the Financial Times, which cited two unnamed people familiar with the discussions. Continue reading...
OpenAI CEO Sam Altman proposes a US-led international forum modeled after the IAEA to set global AI safety standards, following G7 summit discussions. The post OpenAI CEO Sam Altman calls for US-led global AI safety forum appeared first on Crypto Briefing.
Altman's proposal could democratize AI wealth, challenging traditional investment norms and potentially reshaping public engagement in equity markets. The post Sam Altman wants every American to own a piece of OpenAI appeared first on Crypto Briefing.
Sam Altman’s start-up in early talks for a public ownership deal as political pressure rises
The dismissal of Musk's claims underscores the challenges of litigating corporate transformations and highlights the complexities of AI industry disputes. The post Judge appoints mediator in Elon Musk and Sam Altman AI dispute appeared first on Crypto Briefing.
Neon purchased “Artificial,” which focuses on OpenAI’s chief, Sam Altman, after Amazon walked away from it following an investment in the start-up.
“After college, my plan was to come to New York and get a record deal.” | Cath Virginia / The Verge, Getty Images Watching Elon Musk fulminate at Bill Savitt during Musk v. Altman - the case in which Musk sued Sam Altman and OpenAI instead of seeing a therapist about his AI failures - was a bit like watching a toddler have a temper tantrum at his nursery school teacher. Savitt's questions were "designed to trick me," Musk said. He also told Savitt at one point, "You mostly do unfair questions." Savitt, who has the approximate demeanor of a handsome Droopy Dog, gently told Musk, "I am trying to put the questions as fairly as I can. I am doing my best." I've seen a number of styles of cross-examination. Savitt's was mild-mannered and soft-spoken; his q … Read the full story at The Verge.
As his new novel is published, the US author talks about nurturing the next generation of creatives, debating Sam Altman – and why he writes on a boat in San Francisco Bay At Dave Eggers’s suggestion, we’re starting the interview by life drawing together. The novelist dropped out of art school but has been drawing for decades, and his new book is set in the art world. Prudence, our model, stands before us with her palms open, nude but for a pair of black knee-high socks. This, unsurprisingly, is an interview first for me. Eggers shows me how to hold my pencil at arm’s length and use my thumb to measure Prudence’s proportions. Since the pandemic, he’s been organising regular life‑drawing sessions in the book-lined offices of McSweeney’s, the publishing house and literary journal he founded in San Francisco in 1998. He loves the element of chance in figure drawing – you never know which sketch will work out – and believes it helps cultivate empathy. How so, asks Prudence, helpfully inter