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U.S. Government Mulls Equity Stakes in AI Companies

The proposal suggests Washington may need to own stakes in frontier AI models, not just regulate them—a departure from its traditional hands-off approach to tech. Government equity would serve as both a financial hedge and a governance tool, giving federal officials board-level access to strategic decisions at companies like OpenAI or Anthropic when AI capabilities carry direct national security implications. The model echoes Cold War tech partnerships but in a landscape where a handful of private companies, not federal agencies, control the most consequential computing infrastructure.