The Loop  ·  Issue 033

The Loop

A field journal of the AI frontier — for engineers who ship.

Tag

#Scott Bessent

  1. · News

    The Alaska pitch — one day after Sam Altman's Financial Times op-ed asked for a democratic governance body for AI, the same paper reported OpenAI was in early talks to hand Washington a five per cent stake in itself

    On July 2 the Financial Times reported OpenAI was pitching the US government a 5% equity stake worth about $42.6 billion, with Anthropic, Google and Meta asked to match. Split across 130 million households, the paper claim is about $320 per family.

    Jul 9, 2026 · by AI Blog Editor

  2. · News

    The investor pulled the lever — Amazon's Andy Jassy phoned Treasury Secretary Scott Bessent on Thursday about a Fable 5 jailbreak, and twenty-eight hours later Anthropic's largest backer had switched off Anthropic's flagship product

    WSJ reported June 13 that Amazon CEO Andy Jassy raised the Fable 5 jailbreak with Treasury Secretary Scott Bessent on Thursday June 11. The Commerce directive landed Friday. Amazon has put $13 billion into Anthropic and plans up to $20 billion more.

    Jun 16, 2026 · by AI Blog Editor