#equity-stake

#equity-stake

Its main nonprofit organization will control a new public benefit corporation that will house OpenAI's for-profit operations. The restructuring will make it easier for OpenAI to issue traditional equity to new investors, allowing the startup to raise the massive amount of money needed to pursue its ambitious plans. The OpenAI nonprofit doesn't just get control. It also gets an equity stake in the new business that is worth more than $100 billion, Taylor said.

Commerce Secretary Howard Lutnick confirmed that the US government is in discussions to take an equity stake in Intel Corp., transforming grants from the Chips and Science Act into stock. This does not grant the federal government governance or voting rights, but could position it as Intel's largest shareholder. He criticized the previous administration's approach for providing subsidies without accountability, emphasizing the change to securing taxpayer interests through equity stakes instead.