@pitdesi: This is wild Give 5% of your company to the US Govt for less oversight It will probably work

X AI KOLs Following News

Summary

OpenAI has proposed giving the U.S. government a 5% stake in exchange for reduced regulatory oversight, according to a Financial Times report.

This is wild Give 5% of your company to the US Govt for less oversight It will probably work
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This is wild

Give 5% of your company to the US Govt for less oversight

It will probably work

Financial Times (@FT): OpenAI proposes handing Trump administration 5% stake

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OpenAI Proposes Giving US Government a 5% Stake — Would Be Worth ~$42.6B at $852B Valuation, Altman Reportedly Pitched Trump, Lutnick, and Bessent

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OpenAI has proposed granting the US government a 5% equity stake worth roughly $42.6B to ease political pressure from the Trump administration, with CEO Sam Altman personally pitching the plan to President Trump, Commerce Secretary Lutnick, and Treasury Secretary Bessent, and also suggesting a similar structure for Anthropic, Google, and Meta via a sovereign wealth vehicle.

OpenAI proposed donating 5% of its equity to a US sovereign wealth fund

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OpenAI CEO Sam Altman proposed donating 5% of the company's equity to a U.S. sovereign wealth fund, aiming to secure favorable relations with the administration and mitigate political backlash, though the plan remains preliminary and would require congressional approval.