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Don't people get it by now? This administration will do or say something crazy to a private company, then this private company sends an envoy to the White Hous
by aurareturn 4mo ago
Don't people get it by now?
This administration will do or say something crazy to a private company, then this private company sends an envoy to the White House to negotiate, then the White House asks for 10% of the company or other concessions.
The White House wants 10% of Anthropic.
This is just a negotiation tactic that Trump keeps on using.
- ceejayoz 4mo agoPrecisely this, and timed to their upcoming IPO. They did it to Intel a little while back: https://www.intc.com/news-events/press-releases/detail/1748/intel-and-trump-administration-reach-historic-agreement-to https://www.intc.com/news-events/press-releases/detail/1748/...
- aurareturn 4mo agoYep. OpenAI isn't spared. They're most definitely next.
- estearum 4mo agoTo add some context, here was the Part 1 of this mobster style shakedown: https://www.pbs.org/newshour/economy/trump-says-intels-ceo-must-resign-sending-its-stock-tumbling https://www.pbs.org/newshour/economy/trump-says-intels-ceo-m... Remember to point and laugh at your local MAGA for electing an actual crime boss and giving him state power.
- dgellow 4mo agoPrivate companies subservient to the state, just the continuation of MAGA fascist development