AI & Tech
OpenAI Proposes Five Percent Equity Stake to US Government Worth 42 Billion
Peter Diamandis
Fable 5 Is Back & Govt-Leashed, Altman Offers 5% of OpenAI & AI Grows Conscious | #269
What was said
"Sam has been talking to Trump Lutnik Bessant and Bernie Sanders about a 5% equity stake in open AI. That 5% stake would be worth about 42.6 billion. The idea that the government is going to set up some intelligent sovereign wealth equity thing is absolutely insane. The next president will immediately sell it all, turn it into cash, and then use it to buy votes in the next election."
Sam Altman is negotiating a government equity stake in OpenAI as part of a broader universal basic equity proposal spanning multiple AI companies. At OpenAI's $852 billion valuation, 5% equals $42.6 billion. Altman envisions this as seed capital for a sovereign wealth fund, though critics argue governments lack investment discipline and future administrations would liquidate holdings for political purposes.
Verification status
Attributed speaker claim
Egleze verified who said this and where. The underlying claim has not been independently established by Egleze.
Source and context
Egleze verified who said this and where. The underlying claim has not been independently established by Egleze.
- Programme
- Peter Diamandis
- Episode
- Fable 5 Is Back & Govt-Leashed, Altman Offers 5% of OpenAI & AI Grows Conscious | #269
- Clip time
- 49:14
- Original source
- Watch the source segment →
From this episode
Peter Diamandis