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Trump Administration Reportedly Considers Government Stake In AI Giant
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Trump Administration Reportedly Considers Government Stake In AI Giant

The Trump administration and OpenAI CEO Sam Altman are in discussions about a possible government stake in the company, CNBC reports. “The AI startup could donate equity to the U.S. government to seed something like the ‘Public Wealth Fund’ that the company outlined in its April policy proposal,” the outlet stated. Trump administration, OpenAI discussing possible government stake in the AI startup https://t.co/NrptJTDAWY — CNBC Tech (@CNBCtech) June 5, 2026 CNBC has more: OpenAI said the fund could “invest in diversified, long-term assets” and would enable citizens to participate in the “upside” of AI growth, possibly by receiving the fund’s returns directly, according to the proposal. No official investment terms have been decided, and the details are still subject to change. Notus was first to report the recent talks. President Donald Trump addressed the talks while on Air Force One with reporters on Friday. “There are concepts where pieces could be given to the American public, where the American public essentially becomes a partner,” he said. The president said he is meeting with AI companies “in the very short, very near future.” Watch below: Donald Trump told reporters that his team might buy US stakes in artificial-intelligence companies and said he would host a meeting with AI executives as soon as next week https://t.co/PEEBpte0jN pic.twitter.com/EN8BiqrFpl — Reuters (@Reuters) June 6, 2026 Trump signed an executive order in February directing the federal government to establish a sovereign wealth fund. Sen. Bernie Sanders (I-VT) told the outlet that he and Altman discussed a sovereign wealth fund in a meeting earlier this week. “I will soon be introducing a bill to give the public a 50% ownership stake in the largest AI companies in America. This would guarantee that the trillions created by AI are used to improve the lives of all of us — and block oligarch decisions that harm the American people,” Sanders said. Watch below: I will soon be introducing a bill to give the public a 50% ownership stake in the largest AI companies in America. This would guarantee that the trillions created by AI are used to improve the lives of all of us — and block oligarch decisions that harm the American people. pic.twitter.com/y3ERWOsRfs — Bernie Sanders (@BernieSanders) June 2, 2026 TechCrunch noted: David Sacks, an investor and podcaster who recently stepped down from his role as Trump’s AI and crypto czar, posted that he can see why Sanders’ idea resonates, “including with many on the right,” but warned it would actually “accelerate the corporate-government fusion we’re already sliding toward.” (Sacks now co-chairs the President’s Council of Advisors on Science and Technology.) Elsewhere on social media, former Microsoft employee Dare Obasanjo suggested, “The groundwork is already being laid for a government bailout of OpenAI.”

“Significant Breach” – Man Arrested For Allegedly Sneaking Onto Flight At Texas Airport With Fraudulent Boarding Pass
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“Significant Breach” – Man Arrested For Allegedly Sneaking Onto Flight At Texas Airport With Fraudulent Boarding Pass

A man was arrested and charged for allegedly using a fraudulent boarding pass to board a United Airlines flight at George Bush Intercontinental Airport in Houston, Texas. According to a criminal complaint filed in Harris County, Abdulrahman Oluwatumike Oriyomi, 25, has been charged with impairing or interrupting the operation of a critical infrastructure facility in connection to an incident that happened in May. BREAKING: Major Security Breach at Houston’s George Bush Intercontinental Airport; 25-year-old Houston man Abdulrahman Oriyomi is facing felony charges after authorities say he slipped through TSA screening with a fake boarding pass and boarded a United flight to Los Angeles.… pic.twitter.com/xGbED2TrzF — Bethany O’Leary (@BethanyForTruth) June 5, 2026 Fox News shared further: Prosecutors later sought a $25,000 bond, arguing that the alleged incident delayed a flight carrying a full plane of passengers for approximately three hours and prompted responses from multiple agencies, including the Houston Police Department, the FBI, Houston Airports and the Transportation Security Administration. “The Defendant delayed a flight for 3 hours with a full plane,” prosecutors wrote in a motion reviewed by Fox News Digital. According to the complaint, Oriyomi entered Bush Airport and passed through a TSA checkpoint before attempting to board a flight bound for Los Angeles. Investigators allege Oriyomi first attempted to scan a boarding pass at one gate but was unsuccessful. He then walked through the airport before approaching another gate where United employees were checking passengers’ boarding passes. The complaint alleges Oriyomi waited until airline employees were distracted before proceeding down the jetway and boarding United Flight 469. A passenger told investigators Oriyomi initially sat next to her before moving around the aircraft. The witness later realized the seat had already been assigned to another passenger, according to the complaint. The aircraft had already begun taxiing away from the gate when flight attendants were notified that someone was inside a restroom on board. “I think this is a pretty significant breach, not just because of the fact that he ended up on the plane; it’s the multiple layers and failures to even get on the plane,” said former Secret Service agent Michael Matranga, according to PEOPLE. “They’re not paying attention to his diversionary tactics. They’re distracted, they’re not situationally aware,” Matranga continued. “At a very minimum, those agents who were directly involved and probably that whole cadre of agents at the airport need to be retrained on policy and consistency in policy,” Matranga added. Neither the TSA nor United Airlines are answering questions about how a man managed to sneak on board a plane at Bush Intercontinental Airport last month. https://t.co/vu2jif1rea — ABC 7 Chicago (@ABC7Chicago) June 7, 2026 PEOPLE has more: Since the flight was full, Oriyomi, whose reservation was previously canceled by the airline due to lack of payment, went on to hide in another bathroom at the back of the plane when a flight attendant knocked on the door to advise him to return to his seat. Eventually, after he allegedly asked to sit in the jump seats and identified himself as “Mr. Lopez,” flight attendants realized that there was no such passenger on their list. Once the Houston Police Department was notified, everyone on board the flight had to deplane and the aircraft was checked for any explosives. While Oriyomi was questioned the same day and given a trespass warning, charges were not filed until June 1, according to KTRK. Following an investigation, Oriyomi was arrested on Friday morning.

Data Center Moratorium Rescinded By Texas County Following Lawsuit
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Data Center Moratorium Rescinded By Texas County Following Lawsuit

A rural Texas county, which appeared to be the first in the Lone Star State to approve a temporary moratorium on the construction of new data centers, rescinded the measure after a developer sued for $100 million in damages. County In Red State Approves One-Year Moratorium On Construction Of New Data Centers "The Hill County Commissioners on Thursday voted unanimously to end the moratorium and adopt a checklist it will require of data center developers, just two weeks after initially instating the temporary pause of up to one year," The Texas Tribune reports. The Hill County Commissioners on Thursday voted unanimously to end the moratorium and adopt a checklist it will require of data center developers, just two weeks after initially instating the temporary pause of up to one year. https://t.co/UQEo8fmOB4 — Texas Tribune (@TexasTribune) June 5, 2026 More from The Texas Tribune: County Judge Shane Brassell said he still considers the moratorium a success and said he believes the checklist is on firmer legal ground. “Ultimately, we would have loved to have just been able to stop every project and everything, and that’s not what the moratorium did,” Brassell said. “But what it did do was — some projects that were less desirable, as far as maybe not the most honest — they left the county.” He added that it bought them extra time to put together the checklist and learn more about other projects that they didn’t previously know about. The move comes as similar battles are popping up all across the state, especially in unincorporated areas where The Texas Tribune reported this week that almost half of planned data centers in Texas are planned to be built, up from 12% now. Whereas Texas cities have zoning authority, counties typically don’t have the power to block development. RCM Hill, LLC, filed a lawsuit against the county last week in which it said it has existing contracts to buy more than 800 acres of land for more than $80 million of development on a data center project. Attorneys did not immediately respond to a request for comment. Their suit, filed May 27 in federal court in Austin, argues that the county “exceeded its lawful powers” in passing the moratorium, which threatened their ability to meet standards set by state electricity regulators needed to petition for interconnection. The commissioners approved the moratorium by a 3-2 vote in mid-May, temporarily halting the construction of large-scale data center developments in unincorporated areas. "Hill County Attorney David Holmes warned commissioners the moratorium could land them in court," KVUE stated. "If you vote to enact this, I believe we will very quickly be in litigation," Holmes said, according to the outlet. The Hill County Commissioners Court has rescinded a one-year moratorium on data centers, while passing new policy relating to future development. https://t.co/Zk1AvmYqwf — KCENNews (@6NewsCTX) June 5, 2026 KVUE shared further: This week, commissioners voted to rescind the moratorium, citing the need to protect county residents from further legal liability. In a statement, commissioners acknowledged that "not all of our goals have been achieved." Commissioner Jim Holcomb of Precinct 1 explained his vote to rescind the moratorium. "In order to protect the citizens of Hill County going forward for further liability, which there is significant amount, I vote yes," Holcomb said. Commissioner Scotty Hawkins of Precinct 3 also announced his resignation this week. Hawkins had voted against the original moratorium but did not give a reason for stepping down. He will remain in his position until a replacement is appointed, with Precinct 3 voters set to weigh in on the seat in November. While the moratorium is gone, commissioners did not walk away empty-handed. They approved two new policies aimed at regulating large-scale industrial development in the county. The first is a Major Industrial Development Review Policy and checklist, which establishes a consistent review process for projects, like data centers, that have significant impacts on county infrastructure. Developers must now submit documentation covering traffic impact analysis, bridge capacity analysis, total projected water demand and more before moving forward. The second policy is a proclamation requiring all large-scale industrial development projects in unincorporated parts of the county to comply with federal, state and local laws. Julie Waters, an attorney who runs the group Texans United Against Data Centers, has been closely tracking Hill County's situation. Her group has grown from zero to more than 21,000 members on Facebook in just three to four weeks. Watch video coverage below:

State’s Largest Utility Proposes Raising Electricity Prices By Double Digits On Households As Data Center Boom Continues
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State’s Largest Utility Proposes Raising Electricity Prices By Double Digits On Households As Data Center Boom Continues

According to The Wall Street Journal, Arizona Public Service (APS), the largest utility in the state, has proposed a roughly 14.5% increase in electricity rates for household users. In addition, APS has proposed a 45% electricity rate increase for “extra-large energy users,” which primarily consist of data centers. The situation is making nearly everyone unhappy in one of the nation’s largest data center markets, which boasts approximately 180 facilities. Arizona’s largest utility is proposing a 45% electricity-rate increase for data centers and a 14.5% hike for households. No one is happy. https://t.co/MCZ7OJUG6L — The Wall Street Journal (@WSJ) June 4, 2026 More from The Wall Street Journal: Consumer advocates warn the plan would shift the financial risks of the AI build-out to households already struggling with high summer electricity bills and temperatures that often hit triple digits. If the AI boom fizzles or the energy consumption of data centers wanes, they worry residents could be left paying off the infrastructure upgrades years from now. Microsoft, which operates three big data centers in Phoenix’s West Valley, says it is paying its own way for needed upgrades to the grid—but contends the utility has a flawed approach to paying for new generation. APS says its plan would ensure “growth pays for growth.” “We’re making sure that they are paying their fair share,” said Ted Geisler, chief executive of APS and parent company Pinnacle West Capital. “These data centers require entire power plants to be built just for them or entire transmission lines. That’s why we’ve got to modernize the rate tariffs.” The debate is part of a national tug of war. Similar fights over how to pay for the grid build-out have erupted in Texas, North Carolina and other markets, where residential power customers face large increase proposals. The stakes are high. Electricity prices are rising faster than inflation and have become a bipartisan political issue. Residential customers across the U.S. saw their electricity rates climb 32% on average between 2020 and 2025. In Arizona, the jump was 26%. “Having households subsidize data centers should be a complete non-starter in every state and locality in America,” Florida Gov. Ron DeSantis commented. Having households subsidize data centers should be a complete non-starter in every state and locality in America. https://t.co/kcYNTV1IGo — Ron DeSantis (@RonDeSantis) June 5, 2026 “An electricity hike on households because of data centers is just a h*** no. In any state,” Rep. Chip Roy (R-TX) said. An electricity hike on households because of data centers is just a hell no. In any state. https://t.co/2O3F5cRjyZ — Chip Roy (@chiproytx) June 6, 2026 “This is occurring exactly at the time Big Tech influencers look us in the eye and say there is a mythical pledge to not pass on costs to consumers. Oh, and anyone who complains about this wants China to win!” The Blaze senior editor Daniel Horowitz said. This is occurring exactly at the time Big Tech influencers look us in the eye and say there is a mythical pledge to not pass on costs to consumers. Oh, and anyone who complains about this wants China to win! https://t.co/ZpFAI2KAfg — Daniel Horowitz (@RMConservative) June 5, 2026 Sedona Red Rock News shared further: In December 2024, the ACC approved a policy statement that would allow utilities to request annual rate increases through a formula rate mechanism and would require a full rate case to come before the commission every five years. The Residential Utility Consumer Office, a state agency that advocates for ratepayers, sued to block the formula rates in Maricopa County Superior Court, but the court threw out the case on June 13, 2025. RUCO appealed, and the Arizona Court of Appeals ruled in November that the ACC couldn’t approve the policy as a minor internal change, rather the ACC may have been required to hold public hearings before adopting it. The ACC then appealed to the Arizona Supreme Court, which sent the case back to the Maricopa County Superior Court. “We’re proposing to use formula rates in the future, to make rate adjustments, either up or down, based on the previous year’s expenses and investments,” APS wrote. The formula-rate policy isn’t the only part of APS’s request drawing opposition. “APS is asking Arizona families to foot the bill for shareholder profits that far exceed what any reasonable investor requires,” Attorney General Kris Mayes [D] wrote in a March 3 press release, announcing her office had filed testimony with the ACC. “This is just corporate greed run amok. Our expert analysis proves that customers are being asked to pay far more than is needed. Instead of a 14% rate hike, the expert testimony we just filed with the ACC shows that APS can achieve the same reliability with just a 3% increase by aligning what customers pay with APS’s actual costs.” The commission previously approved 8% APS price increases in both 2023 and 2024. APS’ parent company, Pinnacle West, posted $600 million in profits in 2025, a market cap approaching $12.5 billion. Watch more below:

Pfizer Releases Data On Experimental Obesity Injection
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Pfizer Releases Data On Experimental Obesity Injection

Pharmaceutical giant Pfizer on Saturday released data on an experimental obesity drug it acquired through the purchase of Metsera last year. The drug had a “similar side-effect profile as rival Novo Nordisk’s weekly injection Wegovy,” Reuters reports. Pfizer presented data on Saturday that showed a monthly dose of an experimental obesity drug it acquired through its purchase of Metsera last year had a similar side-effect profile as rival Novo Nordisk's weekly injection Wegovy. https://t.co/bCuQQ7AkyW — Reuters Legal (@ReutersLegal) June 6, 2026 Reuters explained further: The drugmaker hopes the compound, called berobenatide, can be the first GLP-1 weight-loss drug offered as a monthly shot as the company works ​to differentiate the compound from blockbuster drugs like Wegovy and Eli Lilly’s Zepbound. In February, Pfizer ​said the compound showed up to 12.3% weight loss in patients without diabetes in ⁠its mid-stage VESPER-3 trial. Analysts are looking to the drug’s side-effect profile to assess whether it will be ​commercially viable. Pfizer executives said most patients experienced few or mild side effects, with gastrointestinal events largely limited ​to early doses and clustered close to when patients received the shot. The results were presented at the American Diabetes Association meeting in New Orleans. “Because of the very long half life here, you get a very smooth profile compared to ​weeklies,” Pfizer Chief Internal Medicine Officer Jim List said in an interview. “When you give it monthly … ​it’s very front-loaded. It does not persist through the month.” List said that researchers did see an increase in adverse ‌events after ⁠patients went from a weekly to a monthly dose in the trial, so the company plans to increase the dose more gradually in its late-stage program. Pfizer presented data on Saturday showing that the mean nausea rate in all the arms of the VESPER-3 study was around 38% and the mean vomiting rate was ​about 23.3%. Pfizer acquired Metsera in a $10 billion acquisition, entering the obesity drug market. More below: Pfizer CEO Albert Bourla has announced that the company will launch a new “once-a-month” shot designed to address America’s obesity problem. The announcement follows Pfizer’s acquisition of Metsera Inc., a biotech startup developing next-generation weight loss treatments.… pic.twitter.com/WG0JiXEEcd — Shadow of Ezra (@ShadowofEzra) November 11, 2025 More from Investing.com: The company utilized the American Diabetes Association conference in New Orleans to present new data on berobenatide, the long-acting GLP-1 receptor agonist peptide inherited from that transaction. “We are entering a new era of internal medicine innovation,” Chris Boshoff, Pfizer’s chief scientific officer, said in an interview with Bloomberg ahead of the conference. In results from the Phase 2b VESPER-1 study, patients moving to the highest weekly dose achieved a 15.9% reduction in body weight over eight months without hitting a plateau. Additional data from the VESPER-3 trial evaluating overweight or obese patients without diabetes showed that individuals receiving the highest dose every four weeks lost nearly 15% of their body weight after 14 months. Pfizer emphasized that the drug could become the first once-a-month therapy in its class, offering a distinct convenience advantage over weekly options like Zepbound and Wegovy. “In Phase 2b studies, berobenatide delivered continuous, uninterrupted weight loss at all doses selected for Phase 3, while preserving a tolerable profile as people transitioned from a weekly to a monthly maintenance dose,” said Jim List, Pfizer’s chief internal medicine officer in a Saturday press release. List noted that Pfizer’s commercial network provides an edge as obesity care shifts to primary-care physicians, telling Bloomberg, “We have primary care in our DNA.” The drugmaker is preparing to advance more than 20 trials across obesity and related metabolic conditions in 2026, which includes 10 active and planned Phase 3 studies for berobenatide. Executives plan to evaluate the drug’s impact on closely linked comorbidities such as sleep apnea and knee osteoarthritis, while expanding clinical trials internationally into China and Japan. Read Pfizer’s release on the data HERE. What are your thoughts?