OpenAI’s proposed ‘Trump stake’ raises ‘governance overhang’ fears ahead of IPO

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OpenAI’s proposed ‘Trump stake’ raises ‘governance overhang’ fears ahead of IPO

OpenAI’s proposal to hand the US government a five per cent stake in the AI firm has triggered fears that the move could complicate a future public listing. The ChatGPT maker has discussed giving the Trump administration a five per cent equity stake as part of a broader proposal that would see America’s leading AI [...]