AI & Tech
OpenAI Considering Giving Trump Administration 5 Percent Stake Worth $42 Billion
Heresy Financial
The Death of Capitalism
What was said
"Open AI right now is considering giving a 5% stake to the Trump administration in order to ease political pressure. If you want to smooth over everything politically and you want a straight line from regulations to benefit you instead of everybody else, just give the government a stake. A 5% holding of OpenAI would be worth approximately $42 billion at their most recent valuation."
OpenAI is reportedly considering transferring a 5 percent equity stake valued at approximately $42 billion to the Trump administration to reduce political pressure and secure favorable regulatory treatment. The speaker characterizes this as a strategic move to eliminate competition rather than altruism, part of a broader trend where companies partner with government to gain regulatory advantages.
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
- Heresy Financial
- Episode
- The Death of Capitalism
- Clip time
- 13:27
- Original source
- Watch the source segment →
From this episode
Heresy Financial