OpenAI Proposes 5% US Government Equity Stake Amid AI Regulation Push

OpenAI has reportedly discussed offering the US government a 5% equity stake in the company as part of early negotiations with the Trump administration over artificial intelligence oversight. The proposal represents a significant move by the ChatGPT maker to navigate an increasingly complex regulatory environment while preparing for a potential public listing on Wall Street….

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Elon Musk Backed $10 Billion OpenAI ICO in 2018, Court Documents Reveal

Internal notes from early OpenAI discussions show that Elon Musk once supported an initial coin offering (ICO) to raise approximately $10 billion for the artificial intelligence organization, according to court filings released as part of Musk’s lawsuit against OpenAI. The call transcripts from a January 2018 document conversations between Musk and OpenAI founders about creating…

Elon Musk Backed $10 Billion OpenAI ICO in 2018, Court Documents Reveal