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The Midas Project @themidasproject.bsky.social · 05/08/2026

Company: Anthropic Date: July 24 Anthropic updated its Frontier Compliance Framework (FCF), the compliance-facing document that serves as Anthropic's framework under California's SB 53 and the EU General-Purpose AI Code of Practice.

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The Midas Project @themidasproject.bsky.social · 19/05/2026

Before SpaceX goes public, investors should see a full record of what has already gone wrong at xAI and a credible plan for managing the much bigger risks posed by the frontier AI capabilities the company may soon be releasing.

Highlighting SpaceX investors should therefore demand disclosure of the following.

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The Midas Project @themidasproject.bsky.social · 19/05/2026

OpenAI's safety org has around 200 people. xAI's, according to the Washington Post, has two or three.

Shows XAI safety capacity and that safety is dead at the org XAI, according to the Washington Post in 2025. The safety team consisted of just "two or three people."

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The Midas Project @themidasproject.bsky.social · 19/05/2026

xAI has not yet built Mythos-class models. Investors should be wondering whether it intends to, and if so, whether it has the organizational capacity to do so safely. On the second question, the evidence is not reassuring.

Comparison of XAI safety practices with those of Anthropic, OpenAI, and Google DeepMind.

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The Midas Project @themidasproject.bsky.social · 19/05/2026

Mythos, Anthropic's most powerful and as-yet unreleased model, sits at the top of METR's chart, in a region where existing measurement tools are no longer reliable.

Frontier model time horizon on long software-engineering tasks (50% reliability). Source: METR.

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The Midas Project @themidasproject.bsky.social · 19/05/2026

You probably know the broad strokes of what Grok has been up to. What jumps out when you look at the full record is the scale of the regulatory and legal response. It has grown large enough to represent real exposure for whoever buys into SpaceX.

Potential consequences of XAI safety practices.

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The Midas Project @themidasproject.bsky.social · 19/05/2026

SpaceX is about to go public, and inside it now is xAI, a frontier AI lab that ranks behind its peers in every major published assessment of AI safety practices. What does that mean for investors? Our new report with Guidelight AI Standards, Encode, and LASST is out today.

Image of report: xAI: The Unpriced Risk in SpaceX's IPO.

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The Midas Project @themidasproject.bsky.social · 24/04/2026

@tylerjohnston.bsky.social for Model Republic: www.modelrepublic.org/articles/the...

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The Midas Project @themidasproject.bsky.social · 19/03/2026

Anthropic endorsed the bill, suggesting it would hold all companies to the standard of Anthropic’s RSP. In the past, they have discussed the RSP as a prototype for regulation (even as the substance of their policy has changed).

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The Midas Project @themidasproject.bsky.social · 26/02/2026

Anthropic has refused, blocking surveillance and autonomous weapons use. Secretary of Defense Hegseth threatened to invoke the Defense Production Act to force them to comply and gave them until 5:01pm Friday to back down.

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The Midas Project @themidasproject.bsky.social · 26/02/2026

It’s not just weapons. In 2023, X petitioned SCOTUS to be able to disclose how often the government demanded its users' data, arguing that "surveillance of electronic communications is both a fertile ground for government abuse and a lightning-rod political topic…"

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The Midas Project @themidasproject.bsky.social · 26/02/2026

In 2018, Musk signed a pledge alongside DeepMind's founders, 3,800+ individuals and 274 organizations: "We will neither participate in nor support the development, manufacture, trade, or use of lethal autonomous weapons."

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The Midas Project @themidasproject.bsky.social · 26/02/2026

Elon Musk spent a decade warning the world about killer robots and AI surveillance, including in a 2017 open letter: "We do not have long to act. Once this Pandora's box is opened, it will be hard to close." Now he’s the one opening it. 🧵

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The Midas Project @themidasproject.bsky.social · 25/02/2026

AI policy is too important for the public conversation to be shaped by discreet influence campaigns and heavy spending from an industry that has billions of dollars riding on the regulatory environment remaining friendly to its interests.

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The Midas Project @themidasproject.bsky.social · 25/02/2026

Four of the accounts have documented ties to Influenceable, the same PR firm we flagged last time. They all promoted the film "Sound of Freedom,” a campaign run by Influenceable. Ryan Fournier also tweeted about the AI OVERWATCH Act.

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The Midas Project @themidasproject.bsky.social · 25/02/2026

Starting on Sunday, seven posts from large MAGA accounts attacked Florida's HB 1007. Each one warned about higher taxes and job losses, and called for the bill to be killed. It felt eerily similar to the AI OVERWATCH campaign we documented last month.

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The Midas Project @themidasproject.bsky.social · 25/02/2026

If you saw MAGA influencers raging over a data center bill yesterday, you were probably looking at (another) paid astroturf. We've documented this happening twice in two months, with nearly identical messaging and posts timed to hit just before key votes. Who is funding it? 🧵

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The Midas Project @themidasproject.bsky.social · 17/01/2026

Multiple posts suggested the bill would benefit China, with one saying Congress could "greenlight sales" of chips to China or help our adversaries. The bill does the opposite. It creates a mechanism for Congress to block chip exports to adversary nations.

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The Midas Project @themidasproject.bsky.social · 17/01/2026

Various posts point fingers at democrats, with one calling the bill "sponsored by a long list of degenerate Democrats." In reality, the bill was introduced by Republican Brian Mast. Every single cosponsor is a Republican. There are no Democrats on the bill.

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The Midas Project @themidasproject.bsky.social · 17/01/2026

On January 15, the same day these posts started appearing, White House AI Czar David Sacks quote-tweeted Wall Street Mav's post with a single word: "Correct." The administration is listening to this campaign. That's the point.

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The Midas Project @themidasproject.bsky.social · 17/01/2026

If this were paid, who could be behind it? Who benefits from killing this bill? One possibility is Nvidia, which has been lobbying hard to sell chips to China. CEO Jensen Huang met with Trump in December and publicly opposed the legislation.

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The Midas Project @themidasproject.bsky.social · 17/01/2026

Approximately half of these accounts have documented or apparent ties to Influenceable, a PR firm that pays conservative influencers for undisclosed posts. We can't prove Influenceable ran this campaign, but the overlap is suggestive.

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The Midas Project @themidasproject.bsky.social · 17/01/2026

Other themes from the posts include handing control to Congress, stripping Trump of his presidential authority, hamstringing/tying his hands, and blaming the bill on Democrats.

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The Midas Project @themidasproject.bsky.social · 17/01/2026

Two posts even contained the same typo, writing “AL” instead of “AI” (It's a hard mistake to make when writing, but an easy mistake to miss when copy-pasting from a shared document.) Two more used the exact phrase "Democrats and their Deep State partners.”

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The Midas Project @themidasproject.bsky.social · 17/01/2026

The posts weren't just similar in opinion. They shared the same phrases, the same metaphors, and the same false claims. 8 accounts used "win/lose the AI race." 7 used "strip Trump of power." 5 used "hands control to Congress." 3 named "Hakeem Jeffries" specifically.

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The Midas Project @themidasproject.bsky.social · 17/01/2026

The AI OVERWATCH Act is a Republican bill that would let Congress review AI chip exports to adversaries like China. It's backed by Microsoft and right-leaning think tanks. But starting January 15, influencers called it pro-China sabotage and a Democrat plot, all in unison.

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The Midas Project @themidasproject.bsky.social · 17/01/2026

Something strange happened on conservative Twitter on Thursday. A dozen right-wing influencers suddenly became passionate about semiconductor export policy, posting nearly identical (and often false) attacks over a 27-hour period on a bill most people have never heard of. 🧵

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The Midas Project @themidasproject.bsky.social · 12/09/2025

At the same time that OpenAI makes splashy claims about supporting nonprofits, it's harassing nonprofit critics (including us) with subpoenas, asking for our documents and communications about the company.

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The Midas Project @themidasproject.bsky.social · 12/09/2025

But the media falls for it still. OpenAI did not just create "one of the richest charities in the world." It WAS one of the richest charities in the world, and now it still is -- but with its ownership share substantially diminished.

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The Midas Project @themidasproject.bsky.social · 12/09/2025

But now that it has succeed, OpenAI and its investors have gotten dollar signs in their eyes. They're persuing a "recapitalization" that will substantially weaken the nonprofit's control and entitlements. The latest version of that is a measly 20% stake.

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The Midas Project @themidasproject.bsky.social · 12/09/2025

How is this possible? OpenAI once had profit caps limiting investors to a maximum of 100x their initial investment, with all future cash flows returning to humanity. By 2021, this dropped to single digits. The nonprofit was owed nearly dollar OpenAI made if it succeeded.

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The Midas Project @themidasproject.bsky.social · 12/09/2025

OpenAI once said its nonprofit would be entitled to "the vast majority" and "all but a fraction" of the wealth it generates. Now, in their new restructuring, they are saying it will be entitled to only 20%. (~$100b out of a $500b valuation). From "Nearly all" to "one fifth" 🙄

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The Midas Project @themidasproject.bsky.social · 04/08/2025

We look forward to hearing OpenAI’s response. ✉️ To read the letter, and to add your name, visit www.openai-transparency.org

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The Midas Project @themidasproject.bsky.social · 04/08/2025

What is it that the letter’s signatories, spanning creatives, professors, nonprofits, and whistleblowers, have in common? We are all part of humanity, and thus beneficiaries of OpenAI’s mission. Everyone has a stake in this restructuring and deserves to know the details.

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The Midas Project @themidasproject.bsky.social · 04/08/2025

7. Finally, will the public ever get to see the details of our current entitlements and safeguards as they are legally instantiated in OpenAI documents, or will they continue to be quietly changed without our knowledge (as happened to the profit caps in 2023)?

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The Midas Project @themidasproject.bsky.social · 04/08/2025

6. OpenAI’s charter also includes a promise that, since a race to AGI could pose severe risks, if another company is close to developing the technology, they will stop racing and start assisting to reduce the market pressures and encourage safety. Is this still true?

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The Midas Project @themidasproject.bsky.social · 04/08/2025

5. OpenAI once boasted about its commitment to ensure AGI technology, when developed, is controlled by the nonprofit instead of investors. However, recent reporting suggests they are considering scrapping this promise, or replacing it with “ASI,” a much higher benchmark.

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The Midas Project @themidasproject.bsky.social · 04/08/2025

4. OpenAI’s leadership has said its profit caps are critical because the wealth they will generate is “for sure not okay” for one group of investors to have, and that if they succeed, “all but a fraction” will be returned to the world. Is that still true?

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The Midas Project @themidasproject.bsky.social · 04/08/2025

3. So far, the nonprofit board making this decision has been composed of AI investors, entrepreneurs, and in one case, OpenAI’s newly-appointed CEO of Applications. Some reporting suggests this board will lead the for-profit they are creating. So will they receive equity?

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The Midas Project @themidasproject.bsky.social · 04/08/2025

2. Next, the letter asks whether the nonprofit will continue to have the same control after the restructuring that it has today. So far, OpenAI has vaguely indicated the nonprofit will retain control while privately suggesting that it will lose many of its powers.

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The Midas Project @themidasproject.bsky.social · 04/08/2025

What are those questions? Let's get into it. 1. The first question, and possibly the most important, is whether the mission will still take priority over profits. By default, public benefit corporations are merely required to balance these concerns.

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The Midas Project @themidasproject.bsky.social · 04/08/2025

This new letter asks them seven simple questions about the restructuring that, if they answer them honestly, will help the public truly understand what is at stake in this restructuring.

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The Midas Project @themidasproject.bsky.social · 04/08/2025

For context: OpenAI was famously founded as a nonprofit organization, believing that AGI technology was too valuable, and too dangerous, for the private market. However, investor pressure has changed things.

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The Midas Project @themidasproject.bsky.social · 04/08/2025

🚨 Breaking: A group of 100+ Nobel laureates, professors, whistleblowers, public figures, artists, and nonprofit organizations just released a letter asking OpenAI to tell the truth about its restructuring. Here’s what they had to say: 🧵

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