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OpenAI Proposes 5% Stake for Public Benefit | Business and Finance News
Description
OpenAI is reportedly eyeing a five percent stake—worth $42.6 billion—to hand over to the government, sparking a bold new idea: a sovereign AI wealth fund where companies like Google and Meta join in, pooling equity to share AI profits with the public. Spearheaded by CEO Sam Altman, this vision aims to democratize AI’s gains, especially for those outside the stock market. The proposal comes amid rising scrutiny in Washington, as OpenAI delayed GPT-5.6’s launch at government request and Anthropic restricted access to models abroad over security concerns. With both companies preparing for IPOs, this could be a pivotal moment—echoing past moves like the government’s 10% Intel stake, which Trump reportedly wanted even bigger.
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