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Policy2026-06-10 · source-backed
The Register covers White House discussions about taking equity in AI labs, possibly seeding a Public Wealth Fund with returns flowing to households. Neither lab is profitable, which is the part the framing keeps stressing. The concept traces to Altman's early-2025 pitch and OpenAI's April 2026 "Industrial Policy for the Intelligence Age" paper, and Trump floated it publicly June 5. Early-stage and speculative, but a government cap-table seat would reshape every incentive in the model market you build on.
Each link below shares sources, entities, or timing with this story.
US Treasury Secretary Bessent confirmed all Anthropic products are being terminated, following Trump's directive blacklisting Anthropic from government work over safety guardrail refusals. State Department, HHS, and GSA are also shedding contracts. Meanwhile, Sam Altman public...
Three separate things happened in about 36 hours, and together they mark the week the pacing debate stopped being a debate among labs. Trump posted on Truth Social that AI safety concerns are a "HOAX" and that the only control or guardrails AI needs is a "STRONG AND SMART (Hig...
Dario Amodei published "We Must Pace the Frontier" on September 12. Altman and Musk agreed within hours. Hassabis called the direction correct. By Monday morning the market had priced it. Nasdaq 100 futures fell 1.5% and S&P 500 futures 0.8%. Nvidia dropped 3%, AMD 5.7%, and A...
Bloomberg reports that Altman made the comments at a company-wide meeting this week and acknowledged some rivals might refuse. On September 9, OpenAI's Chris Lehane called for "mandatory, capability-based national regulation" and endorsed four California bills (OpenAI). Then o...
About a dozen companies including OpenAI, Anthropic, Google and Meta met White House staff in a roughly 30-minute session closing two months of negotiation from Trump's June AI cybersecurity executive order. Administered by CAISI inside NIST, it asks developers of covered fron...
Executive Order 14409 gave the government 60 days to produce three things: a classified frontier-model cyber benchmarking process from NSA/CISA/NIST, a voluntary frontier AI disclosure framework, and an OPM federal cyber workforce plan. As of 00:00Z August 1 there were no Fede...
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