Omar Marques/SOPA Images/LightRocket via Getty Images
By
Edward Graham,Managing Editor, Nextgov/FCW
By
Edward Graham
Administration officials have stressed the importance of supporting small businesses amid the global AI race between the U.S. and China.
SBA and Perplexity launch $25M Main Street AI Accelerator with $250 credits for 100,000 SBA-backed small businesses. Integrates 400+ business tools for SMB workforce augmentation—government move to democratize enterprise AI as strategic counter to Chinese dominance.
Omar Marques/SOPA Images/LightRocket via Getty Images
By
Edward Graham,Managing Editor, Nextgov/FCW
By
Edward Graham

Despite economic fears, Americans are filing to start new businesses at near-record rates.

OpenAI may offer the Trump administration a 5% stake as CEO Sam Altman explores a plan to share AI-driven gains with Americans.

Trump said in June that the U.S. taking an ownership stake in AI giants would be "a beautiful thing" and make American public…

The rapid emergence and spread of AI has become a defining feature of the U.S. economy, of prime interest to Federal Reserve…

Sam Altman has raised the idea in conversations with White House officials including U.S. President Donald Trump, Commerce…

OpenAI CEO Sam Altman first pitched the idea directly to President Donald Trump in early 2025, according to Notus