ChatGPT developer OpenAI said to discuss offering U.S. government a 5% stake: FT
The proposal aims to give the American public a financial stake in AI while easing political scrutiny of the industry.
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Summary
- OpenAI discussed granting the U.S. government a 5% equity stake as part of a broader proposal to share AI generated wealth with the public, the Financial Times reported on Thursday.
- The proposal is in its early stages, would likely require Congressional approval, and it is unclear whether other major AI companies would support a similar arrangement, the FT said.
- The San Francisco-based company confidentially filed draft IPO paperwork with the SEC in June, and recent reports suggest advisers are weighing a delay until 2027.
