Google co-founder Sergey Brin has now spent more than nine figures combating California’s proposed wealth tax. According to a filing from Friday, Brin donated an additional $20 million to Building a Better California, a PAC and political advocacy organization opposing the state’s billionaire tax and supporting other pro-business policies and housing and infrastructure affordability. He
OpenAI CEO Sam Altman has proposed donating 5% of the company’s equity to a US sovereign wealth fund, the Financial Times reported on Thursday, citing two people familiar with the matter. Under the proposal, other AI companies would donate similar stakes, although significant questions remain over the details. According to the Financial Times report, the