OpenAI in Early Talks to Give Trump Administration a 5% Stake, Report Says

OpenAI is in early talks about possibly giving the Trump administration a 5% stake in the company, according to a Financial Times story citing two sources familiar with the discussions.A recent funding round for the ChatGPT maker suggests that stake could be worth more than $40 billion. The sources say the conversations are still in the preliminary stage, so it's not clear whether a deal will actually happen.The Financial Times reports other AI companies could make similar moves as the industry faces growing scrutiny from Washington.The news comes after OpenAI's CEO floated the idea of sharing some of the company's financial benefits with the public. For more Coachella Valley News visit NBCPalmSprings.com