OpenAI Proposes Giving US Government a 5% Stake — Would Be Worth ~$42.6B at $852B Valuation, Altman Reportedly Pitched Trump, Lutnick, and Bessent

FT reports OpenAI has proposed handing the US government a 5% equity stake, which would be worth roughly $42.6B at the company's recent $852B valuation, to defuse political pressure from the Trump administration. Sam Altman reportedly pitched the arrangement to the president, Commerce Secretary Howard Lutnick, and Treasury Secretary Scott Bessent, and floated extending the model to Anthropic, Google, and Meta via a sovereign wealth vehicle.

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