Trump gets OpenAI to offer US 5% stake, far lower than Sanders’ target
OpenAI CEO Sam Altman is reportedly in active talks with the Trump administration about the US potentially acquiring a 5 percent stake in the leading AI firm. Insider sources told the Financial Times that these talks are in “early stages,” but Altman “has argued that giving the public a financial stake in the company is the best way to share the upside of AI.” Donald Trump favors the idea, and his administration has reportedly been talking to several AI firms about the possibility. According to
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OpenAI's CEO is in early-stage talks with the Trump administration about the US acquiring a 5 percent stake in the company as a way to give Americans a financial interest in AI's benefits. The proposal is modeled on a sovereign wealth fund similar to Alaska's oil fund, which would provide citizens with dividends from AI-driven economic growth. A senator has objected to this stake size, proposing instead a much larger public wealth fund financed by a 50 percent tax on leading AI firms' stock, and arguing for an independent commission to oversee AI decisions. The negotiations matter because Americans are increasingly skeptical of AI development, with polls showing most do not want AI data centers in their areas, and both political parties recognize this could affect upcoming elections.
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