OpenAI's Altman reportedly proposes 5% government stake in deal contingent on competitor participation
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World News Guru Team
Summary
OpenAI CEO Sam Altman is reportedly considering offering 5% of the company to the U.S. government in a deal negotiated with President Donald Trump, contingent on other AI competitors agreeing to the same terms. The proposal, reported by the Financial Times, follows meetings with Trump, Commerce Secretary Howard Lutnick, Treasury Secretary Scott Bessent, and Senator Bernie Sanders — who has proposed broader public ownership of AI companies, suggesting taxpayers should own up to half. The plan would partially make OpenAI public, though details remain limited.
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Key quotes
· 2 pulledAltman reportedly met with Trump, Commerce Secretary Howard Lutnick and Treasury Secretary Scott Bessent about a plan to make OpenAI public to some degree
Altman also met with Sen. Bernie Sanders, I-Vt., who recently proposed broad public ownership of AI companies, suggesting U.S. taxpayers should own up to half of the companies
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