Your family’s $300 stake in OpenAI
MIT Technology Review AI James O'Donnell
OpenAI CEO Sam Altman is in talks with President Trump about giving the US government a 5% stake in the company, part of a broader plan to distribute AI wealth to Americans. A 5% stake in OpenAI, valued at $852 billion after its March funding round, would equal approximately $42.6 billion, or roughly $320 per American household if distributed equally. The proposal remains largely theoretical after five years of discussion, but could help OpenAI secure favorable treatment from the Trump administration while addressing public concerns about AI companies' accountability.
Why it matters
This story originally appeared in The Algorithm, our weekly newsletter on AI. To get stories like this in your inbox first, sign up here. OpenAI CEO Sam Altman’s oft-discussed promise that Americans will share in the wealth AI creates was in the news again last week. On Thursday, the Financial Times reported that Altman is in…