OpenAI floats giving Trump administration 5 percent cut of AI boom
OpenAI has floated giving the US government a 5 percent ownership stake as a way of easing tensions with the Trump administration and blunting mounting public backlash against AI, according to the Financial Times.
CEO Sam Altman argued that giving the public a financial interest in the company would be the best way to share the upside of AI, the FT reported, citing two unnamed people familiar with the talks. He’s said to have first pitched the idea to Trump early last year.
Altman reportedly suggested the 5 percent figure. Based on OpenAI’s latest funding round, which ended with the company valued at $852 billion, that stake would be worth roughly $42.6 billion.
The discussions are reportedly still in their early stages, and the proposal would involve other US AI companies giving the government similar stakes. It’s unclear whether they would agree to such a deal.
Public officials have shown growing interest in using policy to capture and redistribute some of the wealth generated by AI. Under Trump, the US government has already taken a 10 percent stake in chipmaker Intel and reportedly demanded Nvidia and AMD give the federal government a 15 percent cut of their revenue from AI chip sales to China. Others, such as Senator Bernie Sanders, have argued that AI is a public resource and suggested a one-time 50 percent tax on their stock value to establish a sovereign wealth fund.
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