Tech

Trump administration explores OpenAI equity stake to seed public wealth fund

Reports indicate the White House is considering a direct ownership position in OpenAI, potentially funding a citizen dividend model proposed by the company’s leadership.

Author
Owen Mercer
Markets and Finance Editor
Published
Draft
Source: TechCrunch · original
The Trump administration might take an equity stake in OpenAI
President confirms discussions with AI executives on deals allowing citizens to benefit from sector growth

The Trump administration is reportedly in discussions with OpenAI regarding a potential equity stake in the artificial intelligence firm, a move designed to ensure the American public derives financial benefit from the sector’s expansion. President Donald Trump confirmed on Friday that he has engaged with AI executives on deals where citizens could become partners in the companies’ success.

According to reports from CNBC, the administration has specifically discussed an equity position with OpenAI. This proposal aligns with a concept recently outlined by the company’s leadership, which involves seeding a 'Public Wealth Fund'. Under this model, proceeds from the fund would be distributed directly to citizens, aiming to allow broader participation in AI-driven economic growth regardless of individual wealth or access to capital.

During a briefing on Air Force One, President Trump told reporters he is exploring concepts where "pieces could be given to the American public." Bloomberg reported that OpenAI CEO Sam Altman has been advocating for the idea of a government stake in major AI firms since early 2025. The proposal reflects a broader interest in state ownership of commercial entities, mirroring the administration’s previous acquisition of a 10% stake in the struggling chipmaker Intel.

The initiative has sparked debate across the political spectrum. Senator Bernie Sanders has proposed a one-time, 50% tax on major AI companies, payable in stock, to achieve similar outcomes. Sanders argued this measure would give the public a direct role in determining the future of the technology and ensure that potential trillions in revenue improve public welfare.

Reactions to these developments have been mixed among political figures. David Sacks, the former Trump AI and crypto czar, noted that Sanders’ proposal resonates with many on the right but warned it could accelerate corporate-government fusion. Meanwhile, former Microsoft employee Dare Obasanjo suggested on social media that groundwork is being laid for a government bailout of OpenAI, highlighting the complex intersection of state policy and private innovation.

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