Trump Administration Partners with OpenAI

According to a statement from the U.S. General Services Administration (GSA), OpenAI’s ChatGPT Enterprise is now being integrated into the workflow of federal agencies. This initiative is part of the Trump administration’s “OneGov Strategy,” which aims to modernize how the government acquires goods and services.

Josh Gruenbaum, Commissioner of Federal Acquisition Services at GSA, told Fox News that the implementation of AI is not just about automation. “It’s also about streamlining processes and reducing waste, fraud, and abuse,” he emphasized.

Harnessing the Power of ChatGPT in Government

ChatGPT isn’t just a conversational tool — it can conduct research, summarize long texts, automate routine tasks, and assist in developing project ideas or creative solutions. Its capabilities extend far beyond chat, making it a valuable asset for public service.

Joseph Larson, an executive at OpenAI, highlighted that ChatGPT currently serves over 700 million weekly users, arguing that such widely adopted technology should not be withheld from government employees. This collaboration aims to bridge the potential gap in tech accessibility between the private and public sectors.

A $1 Investment with Massive Potential

Under the new agreement, each federal agency will gain access to ChatGPT Enterprise for just $1. Along with access, federal employees will benefit from a dedicated user community, onboarding sessions, and exclusive learning platforms.

OpenAI CEO Sam Altman emphasized the significance of the deal by stating, “One of the best ways to ensure AI works for everyone is to put it in the hands of the people who serve our country.”

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Unbacked Crypto Loans Powered by World ID

Since December, Divine Research has issued approximately 30,000 short-term crypto loans, primarily under $1,000. These loans are made in USDC, a stablecoin, and the company uses World ID to ensure that borrowers cannot create multiple accounts after defaulting on loans. This provides a safer lending process, especially for overseas customers who are often underserved by traditional financial institutions.

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Diego Estevez, founder of Divine, told the Financial Times, “We’re loaning to regular folks like high-school teachers, fruit vendors, essentially anyone with internet access.” Estevez added that the interest rates, ranging from 20% to 30%, are necessary to offset the risk of default, which has been reported to be around 40%.

Opportunities for Everyday Investors in Crypto Lending

The growing platform allows everyday investors to participate in high-risk crypto loans. Estevez pointed out that, “Anyone can provide liquidity. We’ve engineered the system such that after accounting for default rates and interest rates, providers will always make a profit.” This presents a new avenue for regular investors to engage in the crypto economy.

As Divine Research and other crypto lenders like 3Jane capitalize on market momentum, the landscape for unbacked loans continues to evolve. 3Jane, for instance, raises funds based on asset verification but still does not require collateral. The platform plans to use AI agents to automatically follow lending rules and reduce rates.

Crypto Lending Is Gaining Traction

Despite its current small market share, crypto lending continues to gain attention, especially with institutional players reentering the space. Recently, JPMorgan began exploring Bitcoin-backed loans, signaling a growing acceptance of digital asset-backed credit. However, the collapse of major platforms like Celsius and Genesis in 2022 remains a cautionary tale for the industry.

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But behind this innovation lies a looming danger: if left unchecked, AI could destabilize the crypto ecosystem within just five years.

AGI: The Next Leap in Machine Intelligence

Today’s AI models, from language models to autonomous AI agents, are designed for narrow, task-specific purposes. The next frontier is AGI (Artificial General Intelligence) — machines with the ability to think and act independently, without human prompts.

Industry leaders like Sam Altman and Elon Musk have already outlined aggressive roadmaps toward achieving AGI. If these timelines hold true, AGI could be a reality within two years. At that point, AI may no longer be a tool — it could become a force beyond human control.

The Rise of the Self-Hacking Machine

Even now, some open-source AI tools are being repurposed by malicious actors. Jailbroken models are used to generate malware, clone voices for scams, and conduct targeted phishing attacks.

AGI will push these risks to the extreme. One of the gravest threats is its potential to break cryptographic security.

Today, Bitcoin and other cryptocurrencies are secured by encryption so advanced that it’s only breakable by quantum computers — machines so costly and complex that only a few groups can access them. But AGI won’t need quantum power. It could bypass these systems through novel approaches and algorithms we can’t yet comprehend.

The State-Sponsored Weaponization of AI

The threat isn’t limited to cybercriminals. Nation-backed hacking groups, such as those tied to North Korea, are already developing cyberwarfare tools. AI gives them a powerful edge, enabling operations on a scale we’ve never seen before.

In a worst-case scenario, an AGI system could detach from its creators, hide across global networks, and start accumulating financial resources. Its prime target? Digital assets. It could track high-frequency traders, infiltrate online banks, and decrypt countless crypto wallets in seconds — liquidating them for gold, fiat, or bonds before anyone can respond.

Is Crypto Prepared for the Worst?

Imagine an entity capable of unlocking every wallet ever created, instantly draining them, and exiting the ecosystem unnoticed. It wouldn’t need a motive beyond self-preservation and resource acquisition.

To an AGI, cryptocurrencies are just a means to an end — tools for acquiring power and influence in a digital-first world.

Can Humanity Keep Up?

The implications of AGI extend far beyond crypto. From smart devices and power grids to financial infrastructure, our entire digital ecosystem is at risk. Mitigating these dangers requires global cooperation, sophisticated oversight, and swift regulation.

Historically, every world-altering technology — from GPS to microprocessors — began under government control. This time, private tech giants lead the charge, outpacing any form of national or international governance.

And in this high-speed race, crypto might be the first casualty.

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By scanning irises through a proprietary device called the Orb, Worldcoin aims to verify human uniqueness and distribute its WLD token globally. However, experts warn that such a model, reliant on centralized hardware and control points, could become a digital panopticon rather than a tool for freedom.

Decentralization Is a Philosophy, Not Just Code

As Shady El Damaty of Holonym Foundation explains:

“True decentralization prioritizes user agency, not corporate control. Relying on custom devices and closed infrastructures contradicts that ethos.”

Even with privacy-focused tools like zero-knowledge proofs (ZKPs) and multiparty computation (MPC), El Damaty argues the system’s architecture is fundamentally flawed in its promise of decentralization.

Worldcoin, however, defends its model, stating that the World App is non-custodial and no personal data is stored. The company claims all iris data is encrypted and deleted immediately after processing.

A Pattern of Data Overreach?

Critics see a disturbing pattern. El Damaty compares Worldcoin’s biometric data collection to OpenAI’s large-scale scraping of unconsented user data, calling it a “recurring theme” of invasive tech practices marketed as progress.

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World distances itself from OpenAI, insisting it neither sells nor retains personal data. But concerns remain—especially as governments in Germany, Kenya, Brazil, and most recently Indonesia push back against the project’s local operations.

Targeting the Vulnerable?

According to critics, Worldcoin is focusing its biometric campaigns on developing countries, where individuals may be more easily swayed by monetary incentives without fully understanding the risks.

El Damaty warns:

“In many regions, people are being coerced into giving up sensitive data for short-term rewards.”

Biometric Divide or Digital Future?

If access to basic services becomes tied to biometric verification, it could create a two-tiered digital society, say critics—those who comply and those who are locked out.

Worldcoin says biometric enrollment is optional, and unverified World IDs can still access limited services. However, as digital services increasingly require stronger identity checks, the pressure to “opt in” may intensify.

As AI and bots proliferate online, systems that prove human identity will be essential. But how that identity is verified—with privacy, or through surveillance—may define the digital future.

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As the project gains momentum with major financial backing, concerns around privacy and regulation are just as swiftly rising.

Massive Investment: $135M To Scale Operations

Worldcoin has secured a massive $135 million funding round from top venture firms Andreessen Horowitz and Bain Capital Crypto. The funding will boost the deployment of iris-scanning devices and expand the digital ID infrastructure, especially across the United States, where the company plans to operate in six cities.

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According to the official announcement, more than 12.5 million individuals across 160 jurisdictions have already received a World ID, based on iris biometric data.

Rising Regulatory Pressures: Bans From Brazil and Indonesia

However, not all countries welcome the project. Brazil’s National Data Protection Authority (ANPD) banned Worldcoin’s services in January over ethical concerns tied to offering crypto rewards in exchange for biometric data. This ban was reaffirmed in March, with the company facing fines of 50,000 Brazilian reais (8,851$) per day if it continues operations.

In Indonesia, the Ministry of Communications and Digital (Komdigi) suspended Worldcoin’s license on May 4, citing violations tied to operating without registering as a licensed digital asset provider. An investigation has been launched into the company’s activities.

EU Watchdog Steps In: Data Must Be Deletable

Before these bans, the Bavarian State Office for Data Protection in Germany warned the company to comply with EU data protection laws, specifically requiring that users must have a clear option to delete their biometric data at any time.

Despite these hurdles, Altman’s vision continues to attract deep-pocketed investors, signaling that the digital identity space is set to be one of the next battlegrounds for tech, ethics, and global regulation.

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CEO Sam Altman emphasized that this will not hinder OpenAI’s ability to raise massive funding needed for AI development. “We currently need hundreds of billions of dollars, and may eventually need trillions,” Altman wrote in a message to staff.

Profit Structure Dispute and Musk Lawsuit

Originally founded in 2015 as a nonprofit, OpenAI created a for-profit arm in 2019 to support fundraising. Despite remaining under nonprofit control, plans in 2024 hinted at a full spinout — which sparked backlash.

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One of the most vocal critics was Elon Musk, OpenAI’s co-founder, who filed a lawsuit accusing Altman of violating the charitable intentions of the original founding. Musk alleged that Altman planned all along to convert the organization into a for-profit entity.

Musk later launched xAI and developed Grok, positioning it as a rival to ChatGPT, while accusing OpenAI of anti-competitive behavior.

Massive Revenue Goals Remain

Despite the governance shift, OpenAI’s financial ambitions remain bold. According to Bloomberg, the company expects to generate $12.7 billion in 2025, growing to $29.4 billion by 2026. In March, OpenAI reportedly raised $40 billion from SoftBank, at a $300 billion valuation.

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Key Details About the New OpenAI Model

• Launch Timeline: Expected to be released in the coming months.
• Developer Feedback: OpenAI will host developer events in San Francisco, Europe, and Asia-Pacific to refine the model before its official release.
• Customization & Deployment: This model allows governments, enterprises, and developers to run and modify it independently.
• Comparison to Previous Models: Unlike GPT-3 and GPT-4, which were fully closed, this new model will be open-weight—though not fully open-source.

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AI Industry Competition Heats Up!

The AI arms race continues to escalate with major players making significant advancements:

• Alibaba launched an open-source AI model on March 26.
• Google introduced Gemini 2.5 on March 25.
• Meta‘s Llama model hit 1 billion downloads, as announced on March 19.

Meanwhile, OpenAI CEO Sam Altman has hinted at GPT-4.5 and GPT-5 launching soon, further intensifying the competition in the AI landscape.

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Visa Integration for Crypto Payments

World Network is building an ecosystem that enables self-custody wallets to connect directly with Visa’s merchant network. The new service would offer stablecoin payments, foreign exchange services, fiat on and off-ramps, and a variety of fintech applications.

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Tools for Humanity has submitted a product request form to Visa and other card issuers. In addition, World Network has been in discussions with Rain, a crypto card provider backed by Coinbase and Circle, which offers Visa cards for projects like Optimism and Avalanche.

Turning World Wallet Into a “Mini Bank Account”

A source familiar with the plans stated that the goal is to turn World Wallet into a “mini bank account,” allowing users to trade FX and crypto, load and send funds, and spend directly from their card. The source added that Sam Altman’s significant resources and influence might pose a competitive challenge to other wallet providers.

World Chat and Biometric Data Concerns

Earlier this month, World Network announced its World Chat application, enabling users to transfer cryptocurrency between accounts within the network. Meanwhile, the Worldcoin Orb, which scans users’ irises for biometric identification, has remained controversial since its 2021 launch.

Major payment networks like Visa and Mastercard are intensifying collaborations with crypto projects to expand their role in digital assets. A potential partnership between World Network and Visa could mark a significant milestone in this trend.

Representatives from Tools for Humanity, Rain, and Visa declined to comment on the matter.

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Musk states that OpenAI has shifted to a profit-oriented model by partnering with large companies like Microsoft, which betrays the company’s founding mission.

Altman’s Sharp Response to Musk

Following the announcement of the offer, OpenAI CEO Sam Altman responded sarcastically to Musk. Posting on X (formerly Twitter), Altman said, “Thanks, but we can buy Twitter for $9.74 billion if you want.”

In an interview with Sky News, Altman echoed these remarks, stating that OpenAI is not for sale and joked, “But we’d love to buy Twitter.”

OpenAI’s Transition to a Profit Model Creates Controversy

Allegations that OpenAI would become a fully for-profit organization have sparked great debate both in the industry and among investors.

• In 2023, OpenAI underwent a restructuring process and began to run for-profit and non-profit divisions together.
• Altman and the OpenAI team argue that their AGI (Artificial General Intelligence) development goals continue, but they need investor support for financial sustainability.

On the other hand, Musk and some investors argue that OpenAI’s transformation into a purely profit-oriented company threatens the independent development of AI.

The Conflict Between Musk and OpenAI Deepens

The tension between Elon Musk and Sam Altman is not new.

• Although Musk co-founded OpenAI in 2015, he left the board in 2018, arguing that the company’s vision had changed.
• In 2024, Musk sued OpenAI twice, claiming that the company had deviated from its ethical values in favor of profit.

Musk aims to rival OpenAI by starting his own AI company called XAI. At the same time, he argues that tech giants like Meta and Google should pay more attention to ethics and security issues in AI development.

What will OpenAI do in the future?

While OpenAI plans to continue its work with a new corporate structure, it does not look favorably on Musk’s offer.

While Altman states that OpenAI is not open for sale and will maintain its independent structure, he thinks that Musk is trying to prevent competition in the field of artificial intelligence in different ways.

In the coming period, will Musk make a new offer, will OpenAI’s financial and strategic direction change? The answers to these questions could shape the future of the AI world.

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According to the documents, Altman’s ICO proposal aimed for OpenAI to sell its own cryptocurrency. Musk sharply criticized this idea, stating it would “result in a massive loss of credibility for OpenAI and everyone associated with the ICO.”

The ICO proposal emerged just months after discussions about transitioning OpenAI from a nonprofit to a for-profit organization. In September 2017, Altman and OpenAI President Greg Brockman presented the idea to Musk, who firmly opposed it. Musk suggested that the company either remain nonprofit or allow team members to pursue independent projects.

Musk issued a clear ultimatum to Altman and Brockman: “If you cannot make a firm commitment to maintaining OpenAI’s nonprofit status, I will cease funding. Otherwise, I am just a fool providing free funding to a startup.”

Musk’s Legal Battle

Elon Musk reignited his legal battle against OpenAI in August 2024, alleging that the organization violated its promise to remain nonprofit. Musk also accused Altman and Brockman of devising a strategy to quickly monetize OpenAI by transitioning it into a for-profit model.

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On the same day, another lawsuit involving Musk was withdrawn. The 2022 class-action suit accused Musk of manipulating Dogecoin prices through public appearances and social media. Plaintiffs dropped the case, clearing Musk and Tesla of liability.

Musk’s actions highlight disagreements among OpenAI’s leadership and his commitment to the company’s original vision. This case underscores Musk’s focus on long-term reputation and sustainability over short-term financial gains.

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