OpenAI Discusses 5% Equity Stake Proposal with Trump Administration
- •OpenAI discusses transferring a 5% equity stake in the $852 billion company to the US government.
- •The proposed special investment vehicle would emulate the Alaska Permanent Fund to distribute AI wealth dividends.
- •Altman advocates for government stakes amid federal scrutiny over GPT-5.6 release delays and public economic concerns.
OpenAI is currently in discussions with the Trump administration regarding a proposal to transfer a 5% ownership stake in the company to the US government. CEO Sam Altman, who has advocated for mechanisms to share AI-generated economic benefits with the public, reportedly discussed the plan with President Donald Trump, Commerce Secretary Howard Lutnick, and Treasury Secretary Scott Bessent. Under the proposed model, other major US AI firms would also be required to allot 5% of their equity to a special investment vehicle, inspired by the Alaska Permanent Fund which manages oil wealth for public dividends.
This potential arrangement is intended to address mounting regulatory scrutiny and public concern over wealth concentration among large technology firms, as well as the potential for AI-driven job displacement. OpenAI is currently valued at $852 billion. The discussions occur as the company faces financial pressure from rising infrastructure costs, with a public listing reportedly in preparation. While no formal approval has been granted, the proposal follows the Trump administration's recent delay of the global release of OpenAI's flagship model, GPT-5.6, to resolve regulatory concerns.
Industry competitors are also navigating government oversight; for instance, Anthropic's access to its Fable 5 models was temporarily suspended by a government order before being lifted on July 1. Anthropic has independently proposed concepts for public wealth funds and digital dividends to distribute AI-driven returns to citizens. Additionally, Altman has engaged with Democratic Senator Bernie Sanders, who has advocated for a more substantial sovereign wealth fund that could involve public ownership of approximately 50% of each US-based AI company. Altman has also expressed support for a US-led international forum to establish safety standards and governance mechanisms to manage commercial pressures in the sector.