
Sanders Targets OpenAI, Anthropic, xAI With 50% Tax
Senator Bernie Sanders proposes seizing 50% of OpenAI, Anthropic, and xAI stock to fund a federal sovereign wealth fund with government board seats.
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Senator Bernie Sanders proposes seizing 50% of OpenAI, Anthropic, and xAI stock to fund a federal sovereign wealth fund with government board seats.

The Trump administration is in talks with OpenAI about donating equity to a US sovereign-style fund, a deal that would make American taxpayers co-owners of the most valuable AI startup on Earth.

A bipartisan Congressional bill would freeze state AI laws for three years and require frontier developers to publish catastrophic risk plans, submit to federal audits, and face $1M daily fines.

Florida becomes the first US state to hold an AI CEO personally liable, filing an 83-page complaint accusing OpenAI and Sam Altman of hiding ChatGPT's dangers while racing for market share.

The UK's CMA issued a world-first binding order requiring Google to let publishers opt out of AI Overviews, AI Mode, and AI model training, with nine months to comply.

Trump signed a narrowed AI executive order giving the government 30 days of voluntary pre-release access to frontier models, after industry lobbying gutted the original 90-day mandatory proposal.

DuckDuckGo's no-AI search page saw a threefold traffic spike after Google's I/O 2026 overhaul made AI-generated summaries mandatory with no opt-out.

CNN filed a copyright and trademark lawsuit against Perplexity AI in federal court, becoming the first television network to take legal action against an AI search company over scraping 17,000+ stories.

YouTube now auto-detects and labels photorealistic AI video content without waiting for creator disclosure, using C2PA metadata and internal signals in a shift that removes creator control from the equation.

OpenAI published its first public compliance framework mapping internal safety practices to California's SB 53 and the EU AI Act - but critics note the underlying Preparedness Framework quietly dropped manipulation from its risk categories last April.

Robinhood launched MCP-powered agentic trading in beta on May 27, letting AI agents from Claude and ChatGPT manage stock portfolios for 27.5 million retail customers - while regulators work out who's responsible when it goes wrong.

China's government has extended travel restrictions to AI researchers at Alibaba, DeepSeek, and other private firms, requiring official approval before they can leave the country.