OpenAI Reportedly Discusses Offering U.S. Government a 5% Stake

OpenAI is reportedly discussing offering the U.S. government a 5% stake, according to the Financial Times. The talks concern the company behind ChatGPT.

OpenAI Reportedly Discusses Offering U.S. Government a 5% Stake

What happened?

OpenAI is reportedly discussing offering the U.S. government a 5% stake, according to the Financial Times. The talks concern the company behind ChatGPT.

Why it matters

The reported proposal matters because it could give the federal government a direct ownership interest in one of the most prominent artificial intelligence companies.

OpenAI is reportedly discussing offering the U.S. government a 5% stake, the Financial Times reported. The discussions involve the developer of ChatGPT.

The reported proposal matters because it could give the federal government a direct ownership interest in one of the most prominent artificial intelligence companies.

The report describes discussions rather than a completed transaction. No final agreement was disclosed in the supplied report.

Details about the potential stake’s structure, terms and timing were not provided. The outcome of the talks therefore remains uncertain.

Source: CoinDesk

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