U.S. Government and OpenAI Discuss Potential Equity Stake for Public Wealth Fund
The Trump administration and OpenAI CEO Sam Altman are in ongoing talks about the U.S. government taking an equity stake in the AI startup, potentially donating shares to seed a "Public Wealth Fund" that would invest for citizens' benefit. President Trump confirmed the discussions, which began in 2025, and plans to meet top AI firms. OpenAI, valued over $850 billion, is preparing for an IPO. No terms are finalized, but the move aligns with Trump's executive order on a sovereign wealth fund and broader AI regulation efforts.
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AI-linked stocks advance as Trump explores public ownership model for AI firms
Shares of AI-related companies rose in premarket trading on Monday after U.S. President Donald Trump revealed his administration is considering a proposal to give the American public a direct stake in leading AI businesses. Speaking aboard Air Force One, Trump described the potential arrangement as a 'partnership with the American public.' Chipmakers including Nvidia, Marvell, Micron, AMD, and Intel posted gains, while Google slipped. Trump indicated that executives from Anthropic, OpenAI, and xAI are expected to continue discussions at a White House meeting as early as next week. The proposal follows a report that senior U.S. officials held preliminary talks with AI companies about government equity stakes. Separately, Senator Bernie Sanders proposed a 50% tax on AI companies' stock to fund a U.S. sovereign wealth fund, a move criticized by some tech investors but noted by Trump as resonating with voters.
Yahoo FinanceAI Stocks Rise as Trump Explores Government Stake in AI Companies
Shares of AI-related companies, including Nvidia, Marvell, and Micron, rose in premarket trading on Monday after U.S. President Donald Trump revealed his administration is considering a proposal to give the American public a direct ownership stake in leading AI firms. Speaking aboard Air Force One, Trump described the potential arrangement as a 'partnership with the American public.' The comments followed a NOTUS report that senior U.S. officials had held preliminary talks with AI companies about government equity stakes. The administration has previously taken positions in Intel, rare earth, and quantum computing firms. Separately, Senator Bernie Sanders proposed a 50% tax on AI company stock to fund a sovereign wealth fund, drawing criticism from venture capitalist David Sacks. A White House meeting with executives from Anthropic, OpenAI, and xAI could occur as early as next week.
Yahoo FinanceTrump says to meet AI firms on government stake
U.S. President Donald Trump announced on June 6, 2026, that he will meet top artificial intelligence firms at the White House next week to discuss the possibility of the government taking a stake in their companies. The proposal, reportedly pitched by OpenAI CEO Sam Altman, aims to address public concern over AI by making the American public a partner in AI companies. Under the concept, AI tech giants would cede shares to the government, with returns delivering dividend payouts to citizens. Trump stated that the American people could benefit from AI's success, fostering greater public acceptance. This follows Trump's recent executive order creating a voluntary framework for AI developers to share advanced models with the government before public release.
The Hindu: Latest News today from India and the World, Breaking news, Top Headlines and Trending News Videos.Trump says to meet AI firms on government stake
U.S. President Donald Trump announced on June 6, 2026, that he will meet with top artificial intelligence companies at the White House to discuss the possibility of the U.S. government taking a stake in their firms. The proposal, reportedly pitched by OpenAI CEO Sam Altman, aims to make the American public a partner in AI development, with potential dividend payouts from returns on government investment. Trump stated that such a partnership could help the public benefit from AI success and increase acceptance. The meeting follows an executive order signed by Trump creating a voluntary framework for AI developers to share advanced models with the government before public release. The discussions highlight ongoing efforts to address public concern over AI's rapid growth and economic impact.
The Hindu: Latest News today from India and the World, Breaking news, Top Headlines and Trending News Videos.Trump administration and OpenAI discuss possible government stake in AI startup
CNBC reports that OpenAI CEO Sam Altman and the White House are in ongoing talks about a potential government stake in the AI company. The discussions, which began in 2025, could involve OpenAI donating equity to seed a 'Public Wealth Fund' as outlined in the company's April policy proposal. The fund would invest in diversified long-term assets and allow citizens to benefit from AI growth. No official terms have been decided. President Trump acknowledged the talks, saying 'the American public essentially becomes a partner.' The administration has already taken stakes in Intel, IBM, and other tech firms. OpenAI, valued at over $850 billion, is preparing for an IPO. The news comes as Trump signed directives on AI adoption in national security and asked AI companies to voluntarily share safety information.
US Top News and AnalysisTrump administration and OpenAI discuss possible government stake in AI startup
CNBC reports that OpenAI CEO Sam Altman and the White House are in ongoing talks about a potential government stake in the AI company. The discussions, which began in 2025, involve OpenAI possibly donating equity to seed a 'Public Wealth Fund' as outlined in the company's April policy proposal. The fund would invest in diversified long-term assets and allow citizens to benefit from AI growth. No terms have been finalized. President Trump confirmed the talks, saying 'the American public essentially becomes a partner.' The administration has already taken stakes in Intel, IBM, and other tech firms. OpenAI, valued at over $850 billion, is preparing for an IPO. The talks coincide with Trump signing directives to accelerate AI adoption in national security.
US Top News and AnalysisTrump administration and OpenAI discuss possible government equity stake in AI startup
CNBC reports that OpenAI CEO Sam Altman and the White House are in ongoing discussions about the U.S. government taking an equity stake in the AI company. The talks, which began in 2025, involve a potential donation of OpenAI equity to seed a 'Public Wealth Fund' as outlined in the company's April policy proposal. This fund would invest in diversified long-term assets and allow citizens to benefit from AI growth. No terms have been finalized. The discussions align with President Trump's February executive order to establish a sovereign wealth fund, and the administration has already taken stakes in Intel, IBM, and other tech firms. OpenAI, valued at over $850 billion, is preparing for an IPO. The talks come amid broader White House engagement with AI companies on regulation, including a recent executive order on voluntary model pre-release access.
US Top News and Analysis