OpenAI in talks with Trump administration over 5% US stake

OpenAI CEO Sam Altman is reportedly in discussions with the Trump administration about a potential 5 percent stake in the artificial intelligence firm for the United States. Sources familiar with the matter told the Financial Times that these negotiations are in their early stages.

Altman has reportedly argued that granting the public a financial stake in the company is the most effective way to distribute the benefits of artificial intelligence. The Financial Times' sources indicate that the administration has also approached other major technology firms, including Google and Meta, concerning similar equity stakes.

The discussions highlight the growing interest from governments in securing a position within the rapidly advancing AI sector. The specifics of the proposed stake and conditions remain undisclosed as the talks are ongoing.