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OpenAI proposed donating 5% of its equity to a US sovereign wealth fund

TechCrunch AI · 2d ago Cached

OpenAI CEO Sam Altman proposed donating 5% of the company's equity to a U.S. sovereign wealth fund, aiming to secure favorable relations with the administration and mitigate political backlash, though the plan remains preliminary and would require congressional approval.

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#public-funding

Larry Fink openly calls for confiscating savings, pensions, private investments, etc to fund data center/ai infrastructure build out.

Reddit r/ArtificialInteligence · 2026-05-25

Larry Fink reportedly advocates for using public savings, pensions, and private investments to fund AI data center infrastructure, drawing criticism for socializing costs while privatizing profits.

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