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Sam Altman proposes 5% US government stake in OpenAI and rival AI firms

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OpenAI CEO Sam Altman has proposed granting the US government a 5% ownership stake in OpenAI, with similar stakes suggested for other major AI companies including Google and Meta. The proposal is aimed at reducing political friction between the AI industry and federal authorities. Altman also framed the initiative as a way to distribute the economic gains from AI more broadly across the public, drawing comparisons to Alaska's oil wealth fund. The suggestion comes as government scrutiny of AI's effects on employment and cybersecurity continues to intensify.

Read the full story at Times of India

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Sam Altman proposes 5% US government stake in OpenAI and rival AI firms · ShortSingh