OpenAI proposes offering 5% equity to the Trump administration

Odaily OpenAI is in talks with the U.S. government about a plan to sell 5% of its shares, as the artificial intelligence startup, valued at $852 billion, seeks to clear political hurdles by securing financial support from the Trump administration. According to two sources familiar with the matter, OpenAI CEO Sam Altman believes that allowing the public to hold company shares is the best way to share the benefits of artificial intelligence, and he proposed this scale of equity in early discussions with the government. The proposed plan would involve other U.S. AI companies selling similar stakes, but it remains unclear whether they are willing to do so. OpenAI and its main competitor Anthropic have both recently delayed the release of their cutting-edge models due to U.S. government scrutiny, while some Republicans and Trump advisors are leaning toward stricter regulation of the industry. (Financial Times)