A CNBC poll reveals 66% of Democrats oppose the U.S. government taking equity stakes in American companies for national security, compared to 34% of Republicans, highlighting a divisive issue amid growing state investments.
OpenAI is reportedly discussing a 5% equity stake for the U.S. government to ease political concerns and share AI's economic benefits. CEO Sam Altman believes this could democratize AI wealth and foster ties with the Trump administration.
OpenAI's Sam Altman is reportedly in talks with the US government, proposing a 5% equity stake for the government in top AI companies like OpenAI, Google, Anthropic, xAI, and Meta. This aims to share AI boom profits and ease regulatory hurdles, following past government interventions with AI models.
OpenAI reportedly discussed offering the US government a 5% equity stake as part of intensified AI oversight. CEO Sam Altman proposed sharing AI industry economic benefits, modeled on Alaska's Permanent Fund, in early talks with the Trump administration.
BT's pension scheme incurred a £300m loss after writing off its 8.7% equity stake in Thames Water, which faces a £20bn debt crisis. The scheme also sold its debt exposure to avoid further losses.
The Indian central government is set to acquire a 1-2% equity stake in AI startup Sarvam, valued at $1.5 billion, as part of its $300 million funding round. This rare direct holding stems from non-cash compute infrastructure support provided under the IndiaAI Mission, converting compulsorily convertible debentures into equity.
Ripple has acquired an equity stake in Flutterwave, a major African fintech company, valued at $3.3 billion. The deal aims to deepen Ripple's presence in Africa's growing cross-border payments market and will see Flutterwave integrate Ripple's stablecoin and XRP Ledger for faster, cheaper transactions.
Ripple has acquired an equity stake in Flutterwave, a major African fintech company, as part of its expansion into the continent's growing cross-border payments market. The deal will see Flutterwave integrate Ripple's stablecoin and XRP Ledger for faster, cheaper transactions.
Bill Gates expressed concern about the US government's increasing practice of taking equity stakes in private companies, warning it could prioritize ownership over engineering and create policy unpredictability. The government's growing portfolio includes stakes in Intel, quantum computing firms, and critical mineral companies, raising questions about fair competition and contract awards.
Bill Gates expressed concern about the US government's increasing practice of taking equity stakes in private companies, warning it could prioritize ownership over innovation and create policy unpredictability. The government has acquired stakes in companies like Intel, IBM, and various AI and critical minerals firms, raising questions about fairness and long-term strategic planning.
France, led by President Macron, is investing in quantum computing to compete with the US, which also announced significant equity stakes in nine quantum companies. CEO Theau Peronnin highlights growing investor interest due to the technology's economic importance.
The US government is investing $2 billion in nine quantum computing companies, including those linked to the Trump family and a Pentagon official. IBM, D-Wave Quantum, Atom Computing, and PsiQuantum are among the beneficiaries, with the aim of boosting American innovation and job creation.
One Nation proposes replacing the offshore gas profits tax with a royalty regime and acquiring 30% equity stakes in new ventures. Leader Pauline Hanson aims for "vastly greater returns" for Australian taxpayers, drawing criticism for importing ideas from Venezuela.
The US government will invest $2 billion in equity stakes across nine quantum computing companies, including IBM and GlobalFoundries. The move aims to boost domestic innovation and create jobs, though some deals are still pending and Intel faces a lawsuit over a similar government equity stake.
New York state assemblymember and congressional candidate Alex Bores has proposed an AI Dividend program to provide direct payments to US citizens funded by tax reform, addressing potential job losses from AI adoption. The program would be funded through a tax on AI use, equity stakes in leading AI companies, and tax reforms. Goldman Sachs reports AI adoption has resulted in approximately 16,000 job losses monthly over the past year.
