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OpenAI Proposes Giving the US Government a 5% Stake, FT Says

OpenAI Proposes Giving the US Government a 5% Stake, FT Says
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OpenAI Proposes Giving the US Government a 5% Stake, FT Says OpenAI has begun discussions about giving the US government a 5% stake in the ChatGPT-developer, the Financial Times reported, citing two people familiar with the talks. OpenAI Chief Executive Officer Sam Altman and other executives proposed that move as part of a broader arrangement under which Washington would hold 5% of each of the leading US AI developers via a government vehicle, the FT reported. That might include Anthropic...

OpenAI Proposes Giving the US Government a 5% Stake, FT Says OpenAI has begun discussions about giving the US government a 5% stake in the ChatGPT-developer, the Financial Times reported, citing two people familiar with the talks. OpenAI Chief Executive Officer Sam Altman and other executives proposed that move as part of a broader arrangement under which Washington would hold 5% of each of the leading US AI developers via a government vehicle, the FT reported. That might include Anthropic PBC as well as listed sector leaders Google, Meta Platforms Inc. though it’s unclear if those other firms would agree with the proposal, the newspaper said.
the US Government (ORG) US (LOCATION) the Financial Times (ORG) Sam Altman (PERSON) Washington (ORG) Anthropic PBC (ORG) Google (ORG) Meta Platforms Inc. (ORG)
Originally published by Bloomberg Technology Read original →