OpenAI, the creator of ChatGPT, is reportedly in talks to give the Trump administration a 5% stake in the company. This move is part of a broader effort to address government scrutiny of artificial intelligence firms.
Background
The proposal, which involves other US AI companies giving the government similar stakes, aims to allow the public to share in the financial upside of AI. OpenAI CEO Sam Altman has argued that this arrangement would help to address some of the pushback against AI, which threatens jobs in many industries.
A 5% share in OpenAI would be worth approximately $42.6 billion, based on the company’s most recent funding round. The Trump administration has been weighing various options for partnerships with AI firms that would allow the government to benefit from the industry’s growth.
Original reporting: El Paso News (HLL/CB) — read the source article.