OpenAI could reportedly give 5% stake to US government
OpenAI Group PBC has reportedly floated the idea of giving a 5% stake to the U.S. government.
Sources told the Financial Times today that the ChatGPT developer’s executives made the suggestion during talks with Trump administration officials. According to the report, the discussions are at an early stage.
The development doesn’t come as a complete surprise. Last month, Bloomberg reported that OpenAI had first approached the White House with its government stake proposal more than a year ago. Last month, U.S. President Donald Trump confirmed the discussions by telling reporters that such an arrangement “could be a beautiful thing.”
OpenAI received a $852 billion valuation following its most recent funding round in March. A 5% stake would be worth $42.6 billion. The value of the shares could increase following OpenAI’s initial public offering, which the company reportedly hopes will boost its valuation to $1 trillion.
