OpenAI explored granting the U.S. government a 5% equity stake to extend AI gains to the public while addressing political concerns about the sector, the Financial Times reported. The early-stage proposal would likely require Congressional approval, with uncertainty around support from other AI firms, and arrives as the company continues IPO preparations that could slip to 2027.
Major U.S. AI developers would reportedly place comparable equity portions into a shared public fund.
It is unclear whether other major AI companies, including Anthropic, Google and Meta, would back a similar arrangement.
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Tesla and SpaceX have confirmed Grimes County, Texas as the site for their Terafab semiconductor megafactory, with the first phase costing roughly $16.8 billion. The project targets the largest chip manufacturing facility on the planet to supply over 1 terawatt of compute per year that exceeds current and future global production capacity.
OpenAI has filed a motion asking a federal judge to dismiss Apple's trade secrets lawsuit, describing the claims as meritless. The dispute, which follows a July suit and this week's injunction request from Apple, highlights tensions after their prior partnership on Siri and OpenAI's hardware push.
Meta has released an early beta of Muse Code, a terminal-based coding agent driven by the updated Muse Spark 1.2 model and positioned against Anthropic's Claude Code and OpenAI's Codex. Substantially lower rates, including a contributor plan at $0.10 for every million tokens received, may encourage migration away from higher-priced options such as Anthropic's Sonnet 5.
