OpenAI Discussed Giving Washington a 5% Ownership Stake Valued at Nearly $42.6 Billion

OpenAI has reportedly discussed giving Washington a 5% ownership position, a slice valued at nearly $42.6 billion. The talks were reported by the Financial Times, according to BeInCrypto, citing two people with knowledge of the discussions, and it is unclear whether the Trump administration wants the deal. CEO Sam Altman raised the 5% figure in initial talks with President Donald Trump’s team, the report said. OpenAI’s latest valuation implies the stake would be worth about $42.6 billion; the company’s March funding round put its post-money valuation at $852 billion. OpenAI is also preparing for an IPO after filing confidentially with the SEC in June.