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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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Mar 28, 2026 / Tyler Durden
Secret Service Agent Assigned To Jill Biden Shoots Himself In The Leg At Philadelphia Airport
Secret Service Agent Assigned To Jill Biden Shoots Himself In The Leg At Philadelphia Airport
Perhaps incompetence is contagious...
A Secret Service agent tasked with protecting Jill Biden managed to become his own biggest threat, accidentally shooting himself in the leg at Philadelphia International Airport last week, according to Reuters.
Thankfully, Biden wasn’t anywhere nearby, presumably because the universe decided one crisis at a time was enough.
Photos: Daily Mail
The report says that the incident, politely labeled a “negligent discharge” (bureaucratic code for oh sh*t), happened in an unmarked car just before 9...
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Jul 14, 2026 / Tyler Durden
Rate-Hike Odds Slump As US Consumer Prices Plunge Most Since COVID In June
Rate-Hike Odds Slump As US Consumer Prices Plunge Most Since COVID In June
With oil prices having tumbled (before this latest resurgence) but semiconductor prices soaring still, expectations were for a small 0.1% MoM decline in CPI but in fact it printed dramatically cooler, dropping 0.4% MoM - the biggest monthly decline since COVID (April 2020), dragging the YoY CPI change down to +3.5% YoY...
Source: Bloomberg
Both Goods and Services costs saw YoY growth decline...
Energy dominated the decline while Core Services rose very modestly...
CPI breakdown:
Headline CPI down 0.4% MoM in...
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Sep 12, 2026 / Tyler Durden
'I Have To Sit With That': Gayle King's Brain Divides By Zero After Holdout Clancy Juror Revealed As Black Man
'I Have To Sit With That': Gayle King's Brain Divides By Zero After Holdout Clancy Juror Revealed As Black Man
After the media spent the last two weeks casting pent up handmaiden feminist energy at the 'male holdout' juror who caused a mistrial in the Lindsay Clancy case, "CBS Mornings" anchor Gayle King had a visible record scratch after one of the karen jurors revealed that the holdout was a black man that the white ladies virtually lynched in the town square of national dialogue for not letting Clancy off the hook for murdering...
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