TLDR · BIG TECH & STARTUPS

OPENAI PROPOSES 5% STAKE TO TRUMP ADMINISTRATION TO EASE WASHINGTON PRESSURE

cnbc.com4 min read

Summary from the TLDR newsletter

OpenAI has proposed handing the US government a 5% stake, worth roughly $42.6 billion, to defuse mounting political pressure. CEO Sam Altman says that giving the public a financial interest in the company is the best way to share the upside of AI. The suggestion is part of a larger proposal in which the government would hold 5% of each of the leading US AI developers via a government vehicle. The proposal was first pitched directly to the Trump administration in early 2025.