OpenAI 'In Early Talks To Give 5% Stake To US Government'

OpenAI is reportedly in early talks to give the U.S. government a 5% stake, potentially alongside similar contributions from other major AI companies. "Such 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," reports The Guardian. From the report: [OpenAI CEO Sam 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." Further reading: Bernie Sanders Unveils $7 Trillion Plan To Give Americans Control of AI Industry

Read more of this story at Slashdot.