OpenAI in talks to give Trump administration a 5% stake in the company, FT reports

CNN
OpenAI is reportedly in early discussions to provide the US government with a 5% equity stake to foster public participation in AI-driven economic growth.

Summary

OpenAI is reportedly exploring a proposal to grant the US government a 5% stake in the company, a move aimed at sharing the financial benefits of artificial intelligence with the public. CEO Sam Altman suggests this model could mirror sovereign wealth funds, like Alaska’s, to distribute dividends. While these early-stage talks remain speculative and may require Congressional approval, they occur amidst heightened government scrutiny of AI development and national security concerns. Similar discussions are reportedly involving other AI firms as the Trump administration seeks to solidify American leadership in the sector.

(Source:CNN)