OpenAI (Private) Discusses Possible Government Stake with Trump Admin
Published on · Source: cnbc.com

AI Summary
Summarized by AI from the source belowOpenAI, valued at over $850 billion, is in discussions with the Trump administration about a potential government stake in the AI company. These talks have been ongoing for over a year, with OpenAI CEO Sam Altman meeting lawmakers in Washington, D.C., this week. As part of the negotiations, OpenAI could donate equity to help establish a 'Public Wealth Fund,' allowing citizens to benefit from AI growth. President Trump mentioned the discussions while addressing the media, emphasizing the notion of public partnership. No official investment terms have been finalized yet.
Informational only, not financial advice. Content is AI-generated and may contain errors. How this works.
Get the weekly market brief
One email every Monday: what moved, why, and what to watch. Free, unsubscribe anytime.
Get stories like this as they break
Our Telegram channel posts every market story the moment it is published. Free, and you can mute or leave anytime.
Related News

Waymo Plans To Increase Fleet Size To 20,000 Vehicles
Oct 19

Match Group Reports 20% of Relationships Begin on Dating Apps, Survey of 3,007 Singles
Oct 19

Nscale and Anthropic Discuss $45 Billion Cloud Deal, Bloomberg Reports
Oct 19

SpaceX AI Computing Power Rental Driving Revenue Growth but Raising Costs
Oct 19