Judge appoints mediator in Elon Musk and Sam Altman AI dispute

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.

The rapid devaluation of SpaceX highlights the volatility and risks associated with high-profile IPOs and aggressive financial strategies. The post SpaceX shares drop $20, Elon Musk loses $110B in a day appeared first on Crypto Briefing.

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

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Neon purchased “Artificial,” which focuses on OpenAI’s chief, Sam Altman, after Amazon walked away from it following an investment in the start-up.