OpenAI is reportedly in early discussions about giving the U.S. government a 5% equity stake in the company that develops ChatGPT, according to multiple outlets citing the Financial Times and people familiar with the talks. The proposed deal is framed as a way to share upside from the AI boom and address public concerns about AI as Washington increases scrutiny of the technology’s impacts. Reports say OpenAI CEO Sam Altman is pitching the idea that the U.S. public should have a financial stake, and that similar stakes would be offered by other major U.S. AI firms. Some coverage links the discussions to efforts to manage relations with the Trump administration, including the president’s reported interest in meeting top AI companies to discuss whether the government should take a stake. One outlet also reports a valuation estimate associated with the stake. The discussions are described as preliminary, with no confirmation of the terms or whether a final agreement is reached.
OpenAI considers offering the U.S. government a 5% stake, report says
OpenAI is reportedly in early discussions about giving the U.S. government a 5% equity stake in the company that develops ChatGPT, according to multiple outlets citing the Financial Times and people f...
- OpenAI is reportedly considering offering the U.S. government a 5% equity stake.
- The talks are described as early-stage and rely on reporting citing people familiar with discussions.
- OpenAI CEO Sam Altman argues the move would help share benefits from AI.
- Reports say other major U.S. AI companies would be asked to offer similar stakes.
- Some coverage connects the proposal to U.S. government engagement with AI firms and increased oversight concerns.
OpenAI's reported proposal to give the US government a stake in the company raises questions about who should profit from AI.
1 month agoTrump said on June 2 that he intended to meet top artificial intelligence firms to discuss the possibility of the government taking a stake in their companies to address public concern over AI
1 month agoThe move follows growing public backlash in the U.S. over AI's potential to cause economic upheaval, including layoffs, and could help OpenAI sweeten ties with the government.
1 month agoSam Altman is pitching a 5% equity stake in OpenAI for the U.S. government—and reportedly wants every major AI company to do the same.
1 month agoOpenAI has begun preliminary discussions about giving the US government a 5% stake in the ChatGPT-developer, the Financial Times reported, citing two people familiar with the talks. OpenAI Chief Executive Officer Sam Altman and other executives proposed that move as part of a broader arrangement under which Washington would hold 5% of each of the leading US AI developers, the FT reported. Bloomberg's Mike Shepard joins to discuss. (Source: Bloomberg)
1 month agoOpenAI is reportedly in early talks to give the U.S. government a 5% stake, potentially alongside similar contributions from other major AI companies. "Such a deal would help improve the industry's relations with the Trump administration and could help garner political support by sharing wealth generated by the AI boom with the public," reports The Guardian. From the report: [OpenAI CEO Sam Altman] and other OpenAI bosses have suggested that each of the biggest AI developers in the US should give 5% to their equity to an investment vehicle such as the Alaska Permanent Fund, a sovereign fund that invests US oil wealth into stocks and pays dividends to the state, the FT reported. The talks are "conceptual" and in early stages, it said, and any deal could require an act of Congress to implement. Both OpenAI and Anthropic have previously suggested in policy papers that a public or sovereign wealth fund may be required in the future to distribute shares to the public. In April, OpenAI said that a "public wealth fund" could provide "every citizen -- including those not invested in financial markets -- with a stake in AI-driven economic growth." Further reading: Bernie Sanders Unveils $7 Trillion Plan To Give Americans Control of AI Industry Read more of this story at Slashdot.
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