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

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.

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