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OpenAI in talks to give Trump administration a 5% stake in the company, FT reports
CNN • • business
Key Points:
- OpenAI is reportedly in early talks to give the Trump administration a 5% stake in the company as part of a broader proposal for US AI firms to share equity with the government amid increasing regulatory scrutiny.
- CEO Sam Altman supports the idea, suggesting it would allow the public to benefit financially from AI's growth, potentially addressing concerns about job displacement and national security risks.
- A 5% stake in OpenAI would be valued at approximately $42.6 billion, based on the company's recent $852 billion valuation, highlighting the significant economic impact of AI technologies.
- The White House has requested restrictions on the release of OpenAI’s upcoming GPT 5.6 model due to its advanced capabilities, while similar government scrutiny has affected other AI companies like Anthropic.
- The proposed equity sharing model resembles Alaska’s Permanent Fund and may require congressional approval; it remains uncertain whether other AI firms support this approach.
