OpenAI floats giving Trump administration 5 percent cut of AI boom
Key Points:
- OpenAI has proposed giving the US government a 5 percent ownership stake to ease tensions with the Trump administration and address public concerns about AI, according to the Financial Times.
- CEO Sam Altman suggested this idea, valuing the stake at approximately $42.6 billion based on OpenAI’s latest $852 billion valuation, and first pitched it to Trump early last year.
- The proposal, still in early discussions, would involve other US AI companies offering similar stakes, though their agreement remains uncertain.
- This move comes amid the Trump administration’s active and sometimes restrictive approach to AI, including export controls and supply chain risk designations affecting companies like Anthropic.
- There is growing interest among public officials in capturing AI-generated wealth through policies, with past government stakes in tech companies and calls for significant taxes or sovereign wealth funds related to AI assets.