OpenAI Proposes to Provide 5% Stake to Trump Administration

CoinFeed July 2 news, according to Finance Feeds, OpenAI has proposed to offer the U.S. government a 5% stake in the company. The proposal is still in early discussions and has not been finalized. OpenAI announced in March that it completed a $122 billion financing at an $852 billion valuation, making the 5% stake worth approximately $42.6 billion at that valuation. The proposal is part of OpenAI's 'Industrial Policy for the Intelligence Age' framework, with the company believing that citizens should directly share in the economic growth driven by AI. Supporters argue that government equity would allow taxpayers to share in the technological dividends driven by public research, federal infrastructure, and national security collaboration, a model compared to the Alaska Permanent Fund. The proposal could also bring risks: government ownership might create conflicts between regulatory and financial interests. Many details remain unclear, including who would hold the equity and whether congressional approval is required.