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Wall Street Millennial·News & PoliticsOpenAI Secretly Lobbying For Gov Bailout
TL;DR
OpenAI ran a secret $100M dark money propaganda campaign to manufacture public support for a government loan guarantee bailout, framing it as a China national security issue.
Key Points
- 1.OpenAI's CFO publicly requested a government loan guarantee in November 2024, then denied it. Sarah Frier asked the government to backstop hundreds of billions in data center loans; Altman tweeted one day later claiming OpenAI wants no such guarantees.
- 2.OpenAI has long used China scaremongering to justify taxpayer subsidies. A 2024 infrastructure blueprint invoked Putin, China's 2030 AI goal, and historical projects like the Manhattan Project and Tennessee Valley Authority to frame subsidies as national security imperatives.
- 3.Greg Brockman co-founded two PACs — one transparent, one operating in the shadows. 'Leading the Future' raised over $100M openly from Brockman and Andreessen Horowitz; 'Build American AI' runs dark money campaigns paying influencers up to $5,000 per TikTok or Instagram post.
- 4.The dark money campaign was exposed when a journalist refused a paid influencer offer. Wired writer and YouTuber Taylor Loren was offered thousands to post pro-AI, anti-China TikTok content with scripted talking points, and instead published an exposé.
- 5.The $100M influence campaign is designed to pave the way for a second bailout attempt. Brockman also donated $25M to a pro-Trump PAC; the goal is to shift public opinion enough that government loan guarantees worth potentially hundreds of billions become politically viable.
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