OpenAI proposes 5% stake to Trump administration to ease Washington pressure: Report
Sam Altman said the plan would give the public a stake in AI profits as OpenAI weighs a donation worth about $42.6 billion.
- The Financial Times reported Thursday that OpenAI proposed handing The White House a 5% stake, seeking to defuse mounting political pressure in Washington.
- OpenAI CEO Sam Altman suggested the equity allotment mirror the Alaska Permanent Fund model, discussing the proposal with President Donald Trump, Commerce Secretary Howard Lutnick, and Treasury Secretary Scott Bessent.
- A 5% holding would be worth roughly $42.6 billion following the company's $852 billion valuation in March, while the government previously secured a 10% stake in Intel Corp through an $8.9 billion investment.
- Trump previously described government ownership as "a beautiful thing," aiming to make Americans "partners in this revolution," while OpenAI and Anthropic have separately explored "public wealth fund" or "digital dividend" models.
- It remains unclear whether The White House intends to pursue the stake or if rival labs will participate, though Altman has discussed the proposal with Democratic Senator Bernie Sanders in recent weeks.
102 Articles
102 Articles
OpenAI proposed donating 5% of its equity to a US sovereign wealth fund
OpenAI CEO Sam Altman has reportedly proposed giving 5% of the company’s equity to a U.S. sovereign wealth fund, reviving discussions about letting the public share in the financial gains from the AI boom.
OpenAI has discussed the possibility of giving the US government a 5% stake, the Financial Times reported Thursday, at a time when AI companies are facing increasing scrutiny in Washington for the possible misuse of advanced models and the question of whether Americans will participate in the profits of the sector. According to the proposal, OpenAI has suggested that other U.S. artificial intelligence companies also give similar shares to the go…
OpenAI may hand Trump a 5% stake: Financial Times
OpenAI has discussed giving the U.S. government five per cent stake, the Financial Times reported on Thursday, as AI firms face scrutiny in Washington over the likely misuse of advanced models and whether Americans would benefit from the industry’s massive valuations.
OpenAI proposes giving the U.S. government a 5% stake as AI companies face growing scrutiny, FT reports - Tech Startups
OpenAI has discussed giving the U.S. government a 5% stake in the company, according to a Financial Times report, a move that would mark a major shift in the relationship between Washington and the companies building the most valuable AI […] The post OpenAI proposes giving the U.S. government a 5% stake as AI companies face growing scrutiny, FT reports first appeared on Tech Startups.
Coverage Details
Bias Distribution
- 43% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
