Trump administration, OpenAI discussing possible government stake in the AI startup

CNBC
OpenAI and the Trump administration are in talks regarding a potential government equity stake in the AI company to benefit the American public.

Summary

OpenAI CEO Sam Altman and the Trump administration are discussing a potential government stake in the artificial intelligence firm. The proposal, which has been in progress for over a year, suggests OpenAI could donate equity to a government-managed "Public Wealth Fund" to allow citizens to benefit from AI growth. While no final terms have been set, the discussions align with the administration's broader interest in sovereign wealth funds and AI development. President Donald Trump has expressed support for the concept, framing it as a way for the American public to become partners in the industry's success as the company prepares for a potential initial public offering.

(Source:CNBC)