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The Verge1 min read

OpenAI Proposed 5% Stake to Trump Admin

OpenAI proposed granting the US government a 5% ownership stake in the company as a strategy to mitigate tensions with the Trump administration and reduce public criticism surrounding artificial intelligence, according to a report by the Financial Times. CEO Sam Altman suggested that providing the public with a financial stake in OpenAI would be the most effective method for distributing the benefits of the company's advancements.

The proposal, which was not formally submitted, aimed to address concerns about the societal impact and control of advanced AI technologies. The idea was to create a structure where the government, representing public interest, would have a vested financial interest in OpenAI's success. This approach was intended to foster a more collaborative relationship and potentially preempt regulatory actions or public opposition.

While the specifics of the ownership structure were not detailed, the offer was framed as a way to align OpenAI's growth with broader societal interests. The company has faced increasing scrutiny regarding its rapid development and the potential implications of its AI models. This proposed stake was seen as a novel approach to navigating these complex challenges and building trust with government entities and the public alike.

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