OpenAI reportedly proposes giving U.S. government 5% stake amid Washington scrutiny
By
Reuters Staff
Summary
OpenAI has reportedly discussed giving the U.S. government a 5% stake in the company, according to the Financial Times. This comes as AI companies face increased scrutiny in Washington over potential misuse of advanced AI models and whether the American public will benefit from the industry's massive valuations. OpenAI has proposed that other U.S. AI firms also offer similar stakes to the government, though it's unclear if they would agree. The report follows a U.S. jury ruling against Elon Musk's lawsuit against OpenAI, finding the company not liable for straying from its original mission.
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Key quotes
· 3 pulledOpenAI has discussed giving the U.S. government a five per cent stake
OpenAI has proposed that other U.S. AI firms also give Washington similar stakes, although it is unclear whether they would agree
AI firms face scrutiny in Washington over the likely misuse of advanced models and whether Americans would benefit from the industry's massive valuations
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