OPENAI OFFERS US 5% STAKE, WELL BELOW SANDERS' ASK

OpenAI CEO Sam Altman is in direct talks with the Trump administration over a potential equity stake in the AI company, according to sources familiar with the discussions. The company's current offer of 5% represents a modest equity position compared to earlier proposals that had targeted higher ownership percentages. Senator Bernie Sanders and other officials had previously pushed for significantly greater stakes, citing concerns about government influence over critical AI infrastructure and development. The negotiations reflect broader tensions around AI governance and the appropriate level of public sector involvement in major tech companies. Trump administration officials have signaled interest in maintaining American competitiveness in AI while ensuring national security considerations are addressed. OpenAI's willingness to offer any equity stake marks a shift from typical corporate practice. The company has historically operated as a private entity with concentrated ownership among its leadership and investors, including Microsoft, which holds a substantial stake. The 5% offer suggests OpenAI sees strategic value in some government participation, though the company appears intent on retaining operational control. Such an arrangement would give U.S. authorities a financial interest in OpenAI's success and potentially board-level visibility into decision-making. Details regarding governance rights, liquidation preferences, and specific terms of the proposed stake remain unclear. The negotiations are ongoing, and the final agreement could differ substantially from current discussions. OpenAI's move comes amid heightened scrutiny of artificial intelligence regulation and deployment at the federal level. The company has faced calls from multiple quarters to accept greater oversight as its systems become more powerful and influential across sectors.