Trump Administration Explores Equity Stake in OpenAI

Discussions are underway between the Trump administration and artificial intelligence companies about arrangements that would allow the American public to gain from AI advancements. While specific firms were not named by President Donald Trump, OpenAI is widely considered a key participant in these talks.

CNBC reported that the administration is negotiating to obtain an equity stake in OpenAI, with part of this stake potentially funding a “Public Wealth Fund” recently proposed by the AI firm. OpenAI has described this fund as a mechanism to distribute proceeds directly to citizens, enabling broader participation in the economic growth driven by AI, regardless of individuals’ initial wealth or capital access.

When questioned by reporters aboard Air Force One, Trump explained that he has engaged with AI executives on ideas where shares could be allocated to the American public, effectively making them partners with these companies, according to Bloomberg.

Bloomberg also noted that OpenAI CEO Sam Altman has been exploring the concept of government ownership stakes in leading AI companies since early 2025. This approach aligns with Trump’s previous interest in government equity in commercial enterprises, exemplified by the government’s 10% stake acquisition in Intel last year.

Government Ownership and Tax Proposals

The idea of government stakes in AI companies has also gained support from some progressive politicians. Senator Bernie Sanders recently proposed a one-time 50% tax on companies such as OpenAI, Anthropic, and xAI (associated with SpaceX), payable in stock. Sanders argued that this tax would provide the public with a direct influence over the future development of AI technology and ensure that the substantial financial gains from AI benefit society broadly.

David Sacks, an investor who recently resigned as Trump’s AI and crypto czar, acknowledged the appeal of Sanders’ proposal to both left- and right-leaning groups but cautioned that it might hasten the merging of corporate and government interests.

Public Reactions and Speculations

On social media, former Microsoft employee Dare Obasanjo suggested that preparations are already in motion for a potential government bailout of OpenAI. This comment reflects ongoing public debate about the role of government in supporting and regulating AI enterprises.