OpenAI Offers U.S. Government 5% Stake Worth $42.6 Billion

According to the Financial Times, OpenAI has proposed offering the U.S. government a 5% stake worth roughly $42.6 billion, based on the company's $852 billion valuation from its March 2026 funding round. CEO Sam Altman pitched the idea directly to President Trump, Commerce Secretary Howard Lutnick, and Treasury Secretary Scott Bessent. The proposed structure would model the Alaska Permanent Fund, a sovereign wealth vehicle established to distribute revenues to residents. Altman reportedly also wants Anthropic, Google, and Meta to contribute similar 5% stakes through the same vehicle, though none have signaled interest as of now.
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