business
OpenAI in talks to give Trump administration a 5% stake in the company, FT reports
By CNN Newsource at KVIA ABC-7
· July 2, 2026
· 1 min read
By Hanna Ziady, CNN
London (CNN) — OpenAI, the creator of ChatGPT, is reportedly discussing handing the Trump administration a 5% stake in the company amid growing government scrutiny of artificial intelligence firms.
The proposal would involve other US AI companies giving the government simi...
Key takeaway The proposal would involve other US AI companies giving the government similar stakes, the Financial Times reported Thursday, citing two people familiar with what were described as “early conversations.
Why this matters in The El Paso
As El Paso residents consider the potential implications of the Trump administration taking a 5% stake in OpenAI, they may wonder how this development could impact local businesses and industries that are beginning to adopt artificial intelligence. The city's growing tech sector, which has been a focus of economic development efforts, could be affected by the arrangement, particularly if other US AI companies are also required to give the government a stake. El Paso's business community may be watching to see how this proposal plays out, and whether it could lead to new opportunities or challenges for local companies that are investing in AI technology. The potential for the public to share in the financial upside of AI, as argued by OpenAI's CEO, could also have implications for El Paso's economy, and residents may be interested in learning more about how this arrangement could benefit the local community.
About this story
Original reporting by KVIA ABC-7 . The El Paso surfaces reporting from trusted publishers and adds local editorial context so readers can quickly understand what a story means for their community. We attribute every source, link to the original report, and follow a documented editorial standards policy. To understand how stories are selected and reviewed, read our about page .
For the complete original report, visit KVIA ABC-7 . Have a tip or correction? Contact our newsroom .
Category: business ·
Published: July 2, 2026 ·
Source: KVIA ABC-7 ·
Reading time: 1 min
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What is this story about? By Hanna Ziady, CNN
London (CNN) — OpenAI, the creator of ChatGPT, is reportedly discussing handing the Trump administration a 5% stake in the company amid growing government scrutiny of artificial intelligence firms.
The proposal would involve other US AI companies giving the government simi...
When was this published? This article was first published on July 2, 2026 by KVIA ABC-7 and curated for The El Paso readers.
Who reported this story? This story was reported by CNN Newsource at KVIA ABC-7. To learn more about how The El Paso selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more business coverage from The El Paso, or browse our daily briefing and topic hubs .
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