OpenAI in talks with White House on government stake, planning a public wealth fund

CNBC reported that OpenAI CEO Sam Altman is in talks with the White House about the government taking a stake in the company. Negotiations have been going on for over a year, with Altman first proposing the idea in 2025. Under the proposed deal, OpenAI could donate some equity to the U.S. government as seed capital for a 'public wealth fund,' which would invest in diverse assets and let citizens share in AI growth. No official terms are set yet, and details are still being discussed.