Keep pulling the thread on Alaskan Permanent Fund.
OpenAI has proposed handing over a 5% stake in the company to the US government.
At current valuations, OpenAI's proposed 5% stake in the company is worth approximately $42 billion.
OpenAI has proposed that all leading AI developers, including Anthropic, Google, and Meta, should contribute 5% of their equity to a sovereign wealth fund.
Memory producer Micron agreed to invest $250 million in Trump accounts, which are government-funded investment accounts for children.
Dell CEO Michael Dell and his wife Susan donated $6.25 billion to the Trump accounts program.
Meta is reportedly developing plans to launch a cloud business called Meta Compute to sell access to its AI infrastructure.
SpaceX signed a $1.25 billion per month deal to provide compute to Anthropic in early May.
Compute sales are now estimated to be the primary revenue driver for SpaceX, ahead of Starlink.
The Wall Street Journal reported that SpaceX showed investors a prototype of a handset-like AI device prior to its IPO.
Anthropic rolled back a feature in Claude code that checked for user proxy enablement and covertly transmitted information back to the company to monitor for use by Chinese labs.
A report from the Center for AI Safety's Remote Labor Index found that Fable can complete 16.1% of common freelance tasks at a quality a paying client would accept.
The frontier of AI capability on the Center for AI Safety's Remote Labor Index has more than quadrupled in under 8 months, from 2.5% to 16.1%.