OpenAI proposes handing Trump administration 5% stake
Financial Times 2026-07-02 04:00:23
Context: Sam Altman, the CEO of OpenAI, is in early talks to offer the Trump administration a 5% stake in his start-up as a potential public ownership deal. This development comes amid rising political pressure on the company. The proposed deal is being considered as a way to address concerns and increase transparency.
Key Facts
- OpenAI, led by Sam Altman, is exploring a public ownership deal that would involve handing a 5% stake to the Trump administration, a move aimed at addressing growing political scrutiny.
- The start-up is in early talks to structure this deal, which would mark a significant shift in its ownership and potentially set a precedent for other tech companies facing similar pressure.
- The proposal is being considered as political pressure on OpenAI rises, with the company likely seeking to mitigate risks and demonstrate its commitment to transparency and public accountability.