OpenAI proposed donating 5% of its equity to a US sovereign wealth fund

TechCrunch
OpenAI CEO Sam Altman has reportedly proposed donating 5% of company equity to a U.S. sovereign wealth fund to improve political relations.

Summary

OpenAI CEO Sam Altman has reportedly proposed donating 5% of the company's equity to a U.S. sovereign wealth fund, a move intended to foster positive relations with the government and mitigate political criticism. While the discussions remain preliminary, the proposal aligns with broader concepts of public participation in AI-driven economic growth, as outlined in OpenAI’s own policy papers. Implementing such a fund would likely require congressional approval and faces potential competition from more aggressive legislative proposals, such as Senator Bernie Sanders' plan for a 50% tax on AI company stock.

(Source:TechCrunch)