Issue

Welcome to June 7, 2026

issue

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The President says he is interested in the US government holding equity stakes in leading AI labs. OpenAI is weighing donating equity to seed a Public Wealth Fund. Sanders wants a bill transferring 50% of top labs’ equity outright. When the upside is this steep, everyone wants on the cap table.

Meanwhile the agents still get winded: SWE-Marathon strings twenty multi-hour engineering tasks together and frontier models resolve under 19%.

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