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GOP lawmakers probe Sam Altman’s business dealings ahead of OpenAI IPO

politicsMay 12, 20261023

Republican members of the U.S. House Oversight Committee and several GOP state attorneys general opened a probe into Sam Altman’s personal investments and business ties as OpenAI moves toward a public offering, requesting documents and urging the SEC to review potential conflicts of interest. Investigators are examining Altman’s connections to investors including Peter Thiel, his personal stakes in ventures related to OpenAI, and commercial arrangements between OpenAI and Microsoft, including a $38 billion revenue cap tied to their deal. The inquiry could complicate OpenAI’s IPO timing and valuation by raising regulatory questions about conflicts of interest and whether Altman’s private investments influenced corporate agreements.

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