BUSINESSQUARTZ
OpenAI is offering the Trump administration a 5% stake to seed an AI wealth fund
OpenAI is offering the Trump administration a 5% stake to seed an AI wealth fund. A 5% holding in OpenAI would be worth approximately $42.6 billion based on the company's $852 billion valuation as of March.
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Adjacent reporting
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- OpenAI proposes 5% stake to Trump administration to ease Washington pressure: report
- OpenAI reportedly wants all AI companies to give the US government a stake in their businesses
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