OpenAI Proposes Giving the US Government a 5% Stake, FT Says

Summary

Bloomberg's Mike Shepard discusses two AI-related stories: OpenAI's early talks about giving the US government a 5% stake, and Apple's reported exploration of buying memory chips from blacklisted Chinese suppliers due to AI-driven memory demand, highlighting political lobbying dynamics.

• OpenAI proposes giving US government a 5% stake as part of a public benefit fund
• Idea extends to other AI labs like Anthropic and DeepMind, but their enthusiasm is unclear
• Apple faces memory supply squeeze from AI boom and may buy from Chinese blacklisted chipmakers CXMT and YMTC for products sold in China
• Current memory suppliers Samsung, SK Hynix, and Micron are reorienting production to meet AI demand
• Lobbying crosscurrents emerge, including Micron's $250 million pledge to a Trump-affiliated initiative
• Political approval from President Trump is seen as key for Apple's potential move