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Sam Altman's OpenAI Discusses Handing Trump Admin A 5% Stake
Sam Altman's OpenAI Discusses Handing Trump Admin A 5% Stake
The U.S. government's equity portfolio could be expanding again, this time with a potential 5% stake in Sam Altman's OpenAI at an $852 billion valuation, according to a new report. The proposed stake would mark another step toward taking direct financial positions in tech giants. For OpenAI, buy-in from the Trump administration could ease mounting political pressure ahead of an IPO.
The Financial Times reports that Altman has floated giving the U.S. government a 5% stake in OpenAI, modeled after...
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‘If They Want to Talk, They Can Call US’: Trump Says Future Talks With Iran Can Happen Over the Phone
President Donald Trump said that he was cutting engagement in the Pakistani-hosted talks with Iran. “If they want to talk, they can come to us, or they can call us. You know, there is a telephone. We have nice, secure lines,” the President told Fox News on Sunday. “They know what has to be in […]
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Colonial Restarts Largest U.S. Gasoline Pipeline After Georgia Damage
Colonial Restarts Largest U.S. Gasoline Pipeline After Georgia Damage
Summary:
Colonial Pipeline's Line 1 flows were restored after the damaged section was repaired in Georgia.
Colonial Pipeline's Line 1 halted operations on Thursday night after a third-party work crew caused damage in Paulding County, Georgia.
Colonial Pipeline's Line 1 Flows Restart
The good news for U.S. East Coast drivers is that Colonial Pipeline's Line 1 did not suffer a prolonged shutdown.
Flows on the nation's largest gasoline pipeline, which runs from Texas to New York, resumed within hours after a third-party work crew damaged...
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