OpenAI Offers US Government a $42 Billion Slice of Itself: Report

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OpenAI Offers US Government a $42 Billion Slice of Itself: Report

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OpenAI is reportedly offering the US government a $42 billion 5% equity stake in the company, a move led by CEO Sam Altman. Altman also aims to have every major AI company follow suit, a move that could set a precedent for the industry.

Sam Altman is pitching a 5% equity stake in OpenAI for the U.S. government—and reportedly wants every major AI company to do the same.