Trump administration discusses equity stake in OpenAI

The Trump administration is in talks with OpenAI about potentially taking an equity stake in the company. Details remain unsettled.

Senior US officials have discussed acquiring stakes in AI firms, including OpenAI. The conversations with chief executive Sam Altman began in 2025 after he proposed the idea. The potential deal could involve OpenAI voluntarily offering equity to the government. This would align with the company's earlier proposal for a Public Wealth Fund to give citizens a share in AI-driven growth. OpenAI suggested the fund in an industrial policy outline released in April. No terms have been finalized, and it is unclear how large any stake might be. The talks continue amid recent meetings between Altman and policymakers on AI regulation. Earlier this week the administration issued an executive order requiring government review of AI models before public release. OpenAI has said it will comply.

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Sam Altman in talks with government officials about OpenAI equity stake
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OpenAI in early talks for US government stake

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OpenAI chief executive Sam Altman is in early discussions with the Trump administration about giving the US government a 5 percent equity stake in the company. The proposal would extend to other leading AI firms including Google, Meta, Anthropic and xAI. Any agreement would require congressional approval and remains far from certain.

Sen. Bernie Sanders has introduced legislation to create an AI sovereign wealth fund through a one-time 50 percent tax on the stock of major AI companies. The proposal aims to give the American public a direct financial stake and influence over the industry's direction.

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New documents presented in the Musk v. Altman trial show Elon Musk proposed bringing OpenAI leaders including Sam Altman to Tesla in 2018. The evidence highlights Musk's push for control over the AI lab's direction at the time.

OpenAI has confidentially filed for a US initial public offering. The filing comes after rival Anthropic took a similar step. Investors are monitoring developments in the Artificial Intelligence sector.

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OpenAI announced on Monday that it has confidentially submitted paperwork for an initial public offering. The move follows a similar step by rival Anthropic one week earlier.

Some US companies are adopting China's DeepSeek AI models as expenses for Silicon Valley tools increase. The trend appears on corporate spending data from Ramp, though adoption remains limited compared with OpenAI and Anthropic.

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