Trump gets OpenAI to offer US 5% stake, far lower than Sanders’ target
OpenAI CEO Sam Altman is reportedly in active talks with the Trump administration about the US potentially acquiring a 5 percent stake in the leading AI firm. Insider sources told the Financial Times that these talks are in “early stages,” but Altman “has argued that giving the public a financial stake in the company is the best way to share the upside of AI.” Donald Trump favors the idea, and his administration has reportedly been talking to several AI firms about the possibility. According to FT’s sources, other companies approached to share similar stakes include Google and Meta. Read full article Comments
OpenAI CEO Sam Altman is reportedly in active talks with the Trump administration about the US potentially acquiring a 5 percent stake in the leading AI firm.
Insider sources told the Financial Times that these talks are in “early stages,” but Altman “has argued that giving the public a financial stake in the company is the best way to share the upside of AI.”
Insiders say Sam Altman is in active talks with the Trump administration.
None of the firms are commenting on FT’s report, though, and Google and Meta have not indicated that they agree with Altman that a 5 percent stake would be an appropriate size to cede to the public. Perhaps notably, Meta has not even voluntarily agreed to share frontier AI models with officials for safety testing, The New York Times reported last week.
But AI firms may be willing to give a little if they expect it will help them gain a lot.
