Report: OpenAI Proposed 5% Stake Sale To Trump Administration
MT Newswires Live07-02 12:08
The Financial Times reports OpenAI is discussing selling a 5% stake to the Trump administration; the AI firm is valued at about 852 bln dlr and is seeking administration financial support to remove political obstacles. CEO Sam Altman has argued public ownership is the best way to share AI gains and reportedly proposed this scale of stake in early government talks.
The proposal would envisage other US AI firms selling similar stakes, though it is unclear if they would participate.
OpenAI and rival Anthropic have delayed advanced model releases amid US government review, and some Republicans and Trump advisers are pushing for tighter regulation.
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