How is it a bailout if the government just takes 5% of the shares?
The bailouts and or special treatment start afterward.
Why? We think the government would care about maximizing its own revenues?
That depends.
Is the government staffed by people with US market investments?
staffed by people with who have investments that rely on deals with OpenAI?
…staffed by people who believe they have more in common with sama than you?
Seems possible.
They could do that even if the government didn't have a stake though.