Leaked US Treasury report compares AI market to dotcom bubble, while A

Leaked US Treasury report compares AI market to dotcom bubble, while Altman discusses giving US Gov a 5% stake in OpenAI

Sam Altman is in talks to give the US government a 5% stake in OpenAI. The proposal aims to address public concerns about data compensation and ease labor collapse fears. At OpenAI's current valuation, this stake would be worth roughly $320 per American household.

However, a leaked US Treasury report warns that the AI market resembles the dotcom bubble of the early 2000s, contradicting the administration's public optimism. Financial analysts caution that current AI profits are hiding much larger systemic risks.

Amid this market volatility, Samsung reported its third consecutive record quarterly profit, with earnings surging 1,800% on booming AI chip demand. Even so, Samsung's shares slumped as investors worry the AI boom could soon stall.