OpenAI CEO Sam Altman has been in talks about public ownership with Donald Trump, according to the report. Photograph: Mark Schiefelbein/APView image in fullscreenOpenAI CEO Sam Altman has been in talks about public ownership with Donald Trump, according to the report. Photograph: Mark Schiefelbein/APOpenAI ‘in early talks to give 5% stake to US government’CEO Sam Altman argued move would share benefits of AI and it would involve other firms doing similar, report says
OpenAI is reportedly in early stage talks to give a 5% stake in the ChatGPT developer to the US government as artificial intelligence companies attempt to smooth relations with Donald Trump’s administration.
The OpenAI chief executive, Sam Altman, has argued that giving the US public a financial stake in the company is the best way to share the benefits of AI, according to the Financial Times, which cited two unnamed people familiar with the discussions.
The proposal would also involve other US AI companies giving a similar stake to the government, the FT reported, although it is not clear yet whether companies such as Anthropic, Google and Meta would agree to the plan.
Read moreSuch a deal would help improve the industry’s relations with the Trump administration and could help garner political support by sharing wealth generated by the AI boom with the public.
The proposal comes amid growing pressure from Washington on US AI companies. Last month Anthropic suspended its newest model after the government ordered it to curtail access for foreign nationals, on national security grounds. This week it said it had restored customer access to the model after resolving the government’s safety concerns.
Altman and other OpenAI bosses have suggested that each of the biggest AI developers in the US should give 5% to their equity to an investment vehicle such as the Alaska Permanent Fund, a sovereign fund that invests US oil wealth into stocks and pays dividends to the state, the FT reported.
The talks are “conceptual” and in early stages, it said, and any deal could require an act of Congress to implement.
Both OpenAI and Anthropic have previously suggested in policy papers that a public or sovereign wealth fund may be required in the future to distribute shares to the public.
In April, OpenAI said that a “public wealth fund” could provide “every citizen – including those not invested in financial markets – with a stake in AI-driven economic growth”.
OpenAI and Anthropic are preparing to list on the US stock market, in moves that some investors believe could value both companies at more than $1tn (£751m).
Altman has been in talks about public ownership with Trump, as well as commerce secretary Howard Lutnick and treasury secretary Scott Bessent, according to the FT, citing unnamed people familiar with the matter.
He has also reportedly spoken with the Democratic senator Bernie Sanders in recent weeks. The senator has been pushing for the creation of a sovereign wealth fund overseen by an independent commission and financed through a one-time 50% tax on the stock of the biggest AI companies.
