OpenAI Proposes 5% Stake to Trump Administration, Altman Advocates for AI Developers to Follow Suit

On July 2, the Financial Times reported that OpenAI has discussed offering a 5% stake to the U.S. government. The $852 billion artificial intelligence startup is attempting to clear political hurdles by securing financial support from the Trump administration. According to two insiders, Sam Altman conveyed to senior government officials that allowing the public to hold financial stakes in the company is the best way to share the dividends of AI development, and he proposed this percentage of shares during early discussions with the government. Under the proposed arrangement, other U.S. AI companies would also relinquish a similar percentage of shares, although it remains unclear whether other labs would be willing to do so. Offering ownership stakes to the government would help establish a good relationship with it, while also marking an attempt to address political backlash by sharing the wealth generated by AI with the public. There is growing concern among the American public and politicians regarding the construction of large data centers and the impact of AI on employment and cybersecurity, making the environment for AI labs in Washington increasingly challenging. Sam Altman and other OpenAI executives suggested that every leading AI developer in the U.S. should allocate 5% of their equity to entities similar to the Alaska Permanent Fund, which invests the state's oil wealth in stocks and distributes dividends to the state government and residents. These companies could include Anthropic, as well as Google and Meta, but it is unclear if any of these groups would agree to OpenAI's proposal. Insiders stated that the 'conceptual' negotiations between the government and OpenAI are still in the early stages, and any agreement may require congressional legislation to be implemented. However, these discussions indicate a potential mechanism for distributing the financial benefits brought by this technology.
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