Time to fire up the printers I guess.
And the money for this _deal_ was primarily from the CHIPS act funds they were already awarded but had not been sent to them yet
> Of the total, $5.7 billion of the government funds will come from grants under the CHIPS Act that had been awarded but not paid, and $3.2 billion will come from separate government awards under a program to make secure chips.[1]
This was at gunpoint from the government’s monopoly on violence.
[1] https://www.cnbc.com/2025/08/22/intel-goverment-equity-stake...
The government had passed a law appropriating funds to subsidize semiconductor manufacturing in the US and spent some of it buying intel stock. How is that the government seizing Intel at gunpoint? I mean aside from the libertarian argument that the taxation necessary to raise those funds is theft?
As soon as the nation owns enough stock to profit from government decisions (and to compound the influence of those decisions) you essentially have a partially nationalised business.
10% of OpenAI might easily be enough to reach a meaningful "partially nationalised" threshold, once you factor in any holdings in federal pension plans and the active level of government policymaking.
It is very clear Sam Altman wants this, too, because this whole "take 10%" thing in Trump's mind was his idea back in early 2025, and OpenAI have been following up on it recently.
They want the US government to be the bag holder.
This is how the UK government got the banks through the 2008 financial crisis.