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OpenAI Proposes 5% Stake To Trump Administration Worth $42.6 Billion


OpenAI Proposes 5% Stake To Trump Administration Worth $42.6 Billion

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OpenAI proposed giving the US a 5% stake worth about $42.6 billion at its $852 billion valuation, to be held through a vehicle modeled on the Alaska Permanent Fund and naming Anthropic, Google and Meta as potential participants to ease political pressure in Washington. For crypto and DeFi this raises tokenization and fundraising parallels and regulatory implications for future token launches and public-wealth adoption, but the direct market impact and price implications remain uncertain.

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  • OpenAI proposed giving the US a 5% stake valued at around $42.6 billion.
  • The stake would mirror the Alaska Permanent Fund, a public wealth dividend fund.
  • Anthropic, Google, and Meta were named as potential participants in the proposal.

OpenAI has proposed handing the United States government a 5% stake in the company as the artificial intelligence startup looks to ease mounting political pressure in Washington over who benefits from the AI boom, according to reports.

At OpenAI’s current valuation of $852 billion following a record-breaking funding round in March, a 5% holding would be worth approximately $42.6 billion. The proposal envisions the stake being held through a vehicle similar to the Alaska Permanent Fund, a state-owned corporation seeded with oil revenues that pays annual dividends to residents.

Chief Executive Sam Altman has argued that giving the p…

Read The Full Article OpenAI Proposes 5% Stake To Trump Administration Worth $42.6 Billion On Coin Edition.

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