OpenAI Proposes Giving US Govt 5% Stake
OpenAI has proposed giving the US government a 5% stake in the company, Financial Times reported Thursday, amid growing political scrutiny of AI firms. A 5% stake in the ChatGPT maker would be worth around $42.6 billion, based on its $852 billion valuation, according to CNBC. OpenAI did not immediately respond to ' request for comment.
Story updates
07:33:49 PM UTC
SquawkNews
Genuine Parts (GPC) has received a cash bid for its auto-parts business from O'Reilly Automotive (ORLY), The business could be valued at $10 billion or more in a deal., which cited unnamed sources. Genuine Parts and O'Reilly Automotive did not immediately respond to requests for comment. Price: $132.00, Change: $+14.60, Percent Change: +12.44%
Genuine Parts (GPC) has received a cash bid for its auto-parts business from O'Reilly Automotive (ORLY), The business could be valued at $10 billion or more in a deal., which cited unnamed sources.
Genuine Parts and O'Reilly Automotive did not immediately respond to requests for comment.
Price: $132.00, Change: $+14.60, Percent Change: +12.44%