OpenAI pitches 5% government stake to share AI gains

1 min read
Source: CNBC
OpenAI pitches 5% government stake to share AI gains
Photo: CNBC
TL;DR Summary

OpenAI reportedly proposed giving the U.S. government a 5% stake worth about $42.6 billion at its latest $852 billion valuation, arguing a public ownership share would help defuse political backlash and share AI's upside; the plan envisions similar stakes in other leading U.S. AI developers via a sovereign wealth fund, though there’s no agreement yet.

Share this article

Reading Insights

Total Reads

1

Unique Readers

3

Time Saved

3 min

vs 4 min read

Condensed

92%

65555 words

Want the full story? Read the original article

Read on CNBC