The America Firsting of OpenAI - Newsweek

- OpenAI CEO Sam Altman has proposed a conceptual plan for the U.S. government to take a 5% equity stake in major AI developers, including OpenAI, Google, Meta, and Anthropic.
- The proposal, discussed with President Donald Trump and secretaries Howard Lutnick and Bessent, suggests a shared vehicle modeled after the Alaska Permanent Fund to distribute wealth to citizens.
- Based on OpenAI's March valuation of $852 billion, a 5% stake would be worth approximately $42.6 billion, signaling a shift toward the government acting as a corporate shareholder.
- While talks are in early stages, any formal agreement of this magnitude would likely require an act of Congress to be implemented.
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