James TitcombJul 3, 2026 – 2.51pmWhy would Sam Altman, a man who once described capitalism as “awesome”, offer a major stake in his company to Donald Trump?In the next few months, OpenAI will ask investors to part with billions of dollars in a Wall Street IPO expected to value the ChatGPT maker at about $US1 trillion ($1.4 trillion).The Telegraph LondonSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
Sam Altman’s $62b gift to Trump is a genius power play
The president has touted his love for AI, but it’s the OpenAI boss who will benefit most from giving the US administration a 5 per cent stake in the start-up.
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