OpenAI floats giving Trump administration 5 percent cut of AI boom
OpenAI has floated giving the US government a 5 percent ownership stake as a way of easing tensions with the Trump administration and blunting mounting public backlash against AI, according to the Financial Times. CEO Sam Altman argued that giving the public a financial interest in the company would be the best way to share the upside of AI, the FT reported, citing two unnamed people familiar with the talks. He's said to have first pitched the idea to Trump early last year. Alt
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OpenAI has proposed giving the US government a 5 percent ownership stake in the company as a way to ease tensions with the Trump administration and reduce public backlash against AI. CEO Sam Altman argued that giving the public a financial interest in the company would be the best way to share the benefits of AI, with the stake potentially worth approximately $42.6 billion based on the company's recent valuation. The proposal is still in early stages and would reportedly involve other US AI companies offering similar stakes to the government. This comes amid the Trump administration's active approach to AI policy, including recent actions against competitors and export controls on AI models, as well as growing government interest in capturing and redistributing wealth generated by AI companies.
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