🇺🇸 OpenAI offers US government A 5% stake worth $42.6 BILLION

🇺🇸 OpenAI offers US government A 5% stake worth $42.6 BILLION OpenAI is offering the US government five per cent of its company. Sam Altman pitched this to the Trump administration using a sovereign wealth fund model - where government invests resource wealth and citizens get dividends, like Alaska does with oil royalties. He wants other big labs to join. It’s worth about $42.6 billion at OpenAI’s current valuation. But the issue is that the world pays for ChatGPT whilst only US citizens would see returns through the wealth fund. International users funding American dividends doesn’t sit right. Plus, it doesn’t say whether these are voting or non-voting shares - does the government get control, or just profits? And what happens when the presidency flips every four years? Alaska’s fund doesn’t own stakes in oil companies - it invests royalty payments. This is direct ownership in OpenAI itself. @aipost 🏴