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OpenAI has floated giving the US government a 5 percent ownership stake as a way to ease tensions with the Trump administration and public criticism of AI attacks, according to Financial Times.
CEO Sam Altman said that giving people a sense of the company’s finances would be the best way to share the AI side, FT it said, citing two unnamed people familiar with the matter. They say they have it he first proposed to Trump at the beginning of last year.
Altman says he reported about 5 percent. Based on OpenAI’s recently money aroundwhich ended when the company was valued at $852 billion, the value could be as high as $42.6 billion.
The talks are said to be still early, and the proposal will involve other US AI companies that are also providing similar services to the government. It is unclear whether he would accept such a deal.
Government officials have shown increasing interest in using policies to seize and redistribute some of the AI-generated wealth. Under Trump, the US government has already took a 10 percent stake in the Intel chipmaker and he is said to have asked Nvidia and AMD have given the federal government a 15 percent cut from their AI chip sales to China. Some, like Senator Bernie Sanders, have they argued that AI is a human resource and he encouraged a one-time tax of 50 percent on their value to establish a sovereign wealth fund.