Lunchtime
8 Jun 2026
A potential US government equity stake in OpenAI would be the most consequential structural intervention in the AI industry since the internet era, not because it funds OpenAI, but because it fuses state interest with a private frontier lab in ways that distort every…
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Lunchtime
8 Jun 2026
A potential US government equity stake in OpenAI would be the most consequential structural intervention in the AI industry since the internet era, not because it funds OpenAI, but because it fuses state interest with a private frontier lab in ways that distort every…
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Morning
8 Jun 2026
A government profit-share on AI revenues would constitute a structurally novel form of sovereign extraction, closer to a resource royalty regime than conventional corporate taxation, that current AI investment theses have not priced.
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Morning
8 Jun 2026
A government profit-share on AI revenues would constitute a structurally novel form of sovereign extraction, closer to a resource royalty regime than conventional corporate taxation, that current AI investment theses have not priced.
Preview brief
Morning
8 Jun 2026
A government profit-share on AI revenues would constitute a structurally novel form of sovereign extraction, closer to a resource royalty regime than conventional corporate taxation, that current AI investment theses have not priced.
Preview brief