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The Economic Times
The Economic Times
Technology

OpenAI offers 5% stake to Trump administration: report

ChatGPT maker OpenAI is reportedly planning to hand over a 5% stake to the US government. The proposed arrangement would involve other US-based AI companies handing over a similar stake to ⁠the government, ‌The Financial Times reported, adding that ⁠it was not clear if the other AI firms would be willing to do so.

As per the report, the proposal emerged during discussions around OpenAI's ongoing efforts to restructure its corporate governance and secure support from the US government. The report said the idea was presented as a way to align the company's interests with those of the country as AI becomes an increasingly strategic technology.

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