The Kobeissi Letter
The Kobeissi Letter|Jul 02, 2026 11:59
BREAKING: OpenAI has proposed giving the Trump Administration a 5% stake in the company to "clear political obstacles," per FT. Details include: 1. Sam Altman has argued that giving the public a financial stake in the company is the best way to share the upside of AI 2. OpenAI is reportedly in "early talks" for a public ownership deal as political pressure rises 3. The proposed arrangement would involve other US AI companies handing over a similar stake 4. Sam Altman is reportedly in active talks with the Trump Administration about the situation The Trump Administration may soon have equity in US AI giants.(The Kobeissi Letter)
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