OpenAI CEO Sam Altman is reportedly in discussions with President Trump to provide the U.S. government with a 5% stake in OpenAI, which could translate to approximately $42.6 billion based on the company's latest valuation of $852 billion. This proposal echoes Altman's previous suggestions for a broader initiative where companies contribute a percentage of their market value to fund annual disbursements to Americans. The rationale behind this initiative includes compensating creators of content used by AI and addressing public concerns over AI's impact on the labor market. While details remain limited, the proposal aims to enhance public trust in AI companies amidst widespread skepticism. Additionally, maintaining favorable relations with the Trump administration could be crucial for OpenAI and other tech firms navigating the current regulatory landscape.
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OpenAI CEO Proposes Government Stake to Share AI Wealth with Americans
MIT Technology Review· James O'Donnell· Tuesday, July 7, 2026
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Tencent Launches Hy3, a 295B-Parameter Mixture-of-Experts Model for Agentic Workflows
Tencent has unveiled Hy3, a 295 billion-parameter Mixture-of-Experts model designed for reasoning and agentic workflows, positioning itself as a strong competitor to trillion-scale models. The model features 21 billion active parameters with 192 experts and offers a 256K context window aimed at long-horizon tasks such as coding, document processing, and financial analysis. Hy3 is built to mitigate hallucination issues by providing grounded responses and is available for commercial use under the Apache 2.0 license. Users can access a free API for two weeks, enhancing its affordability for various applications.