HomeTechnologyTrump gets OpenAI to offer US 5% stake, far lower than Sanders’ target

Trump gets OpenAI to offer US 5% stake, far lower than Sanders’ target

TechnologyJuly 2, 2026
1 min read
Trump gets OpenAI to offer US 5% stake, far lower than Sanders’ target
Insiders say Sam Altman is in active talks with the Trump administration.
Reading Settings

OpenAI CEO Sam Altman is reportedly in active talks with the Trump administration about the US potentially acquiring a 5 percent stake in the leading AI firm.

Insider sources told the Financial Times that these talks are in “early stages,” but Altman “has argued that giving the public a financial stake in the company is the best way to share the upside of AI.”

Donald Trump favors the idea, and his administration has reportedly been talking to several AI firms about the possibility. According to FT’s sources, other companies approached to share similar stakes include Google and Meta.

Read full article

Comments

Source: Ars Technica

Share this article

Related Articles

Did an AI Music App Just Snitch on the Song of the Summer?
Aug 0410 hours ago

Did an AI Music App Just Snitch on the Song of the Summer?

Fenix Flexin’s hit song “Rubberz” has hip-hop fans arguing over whether it was generated by AI. Some say they have proof it’s machine-made, but will anyone care?

6a70bbe220d2b4e361aa7fe511 min read
Read More