Sam Altman Pushes Plan For Backdoor Government Backstop By Handing Out Small Equity Stake To Americans
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Source: Zero Hedge
Published: 2026-06-08 10:25 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Politics, Natural Disasters, Technology & AI, Economy & Finance, Financial Markets, Business & Economy, Environment & Climate, Technology
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Back in November, amid mounting speculation that OpenAI's massive cash burn was massively unsustainable in light of the $1.4 trillion of funding commitments by the AI company, which in turn has sparked the biggest capex flood in modern history all on the hope that the company's promised payments will be made good, OpenAI CFO Sarah Friar sparked a market selloff when amid an admission that OpenAI was “looking for an ecosystem of banks [and] private equity” to support its ambitious
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