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FiduciaryDuty

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The Trillion-Dollar Squeeze: Fiduciary Caution vs. The AI Gold Rush

18 min read

As OpenAI races to secure $30 billion in new capital to defend its position against Anthropic’s impending IPO, a quiet, massive shift is occurring behind the scenes. State-level pension funds, tasked with protecting teachers' and public workers' retirements, are beginning to demand real accountabili