Financial Times · Sam Altman · OpenAI · Donald Trump · U.S. · TechCrunch AI
OpenAI proposed donating 5% of its equity to a US sovereign wealth fund
Compiled by KHAO Editorial — aggregated from 2 sources. See llms.txt for citation guidance.
◎ Multiple-sources
OpenAI CEO Sam Altman has proposed giving 5% of the company’s equity to a U.S. sovereign wealth fund, the Financial Times reported on Thursday, citing two people familiar with the matter.
Key facts
- OpenAI CEO Sam Altman has proposed giving 5% of the company’s equity to a U.S. sovereign wealth fund, the Financial Times reported on Thursday, citing two people familiar with the matter
- Bernie Sanders (the reporter-VT) in June, calling for a one-time 50% tax on AI company stock, with the collected shares being deposited into a public wealth fund
- The talks remain preliminary and, per the FT, it’s likely that any formal action would require congressional approval, which would significantly complicate the matter
- ’s reporting, the donation would be meant to “secure good relations with the administration and … address political blowback
Summary
OpenAI CEO Sam Altman has proposed giving 5% of the company’s equity to a U.S. sovereign wealth fund, the Financial Times reported on Thursday, citing two people familiar with the matter. ’s reporting, the donation would be meant to “secure good relations with the administration and … address political blowback.” Similar discussions were reported by CNBC in June and were subsequently confirmed by President Trump, who said he had discussed “concepts where pieces could be given to the American public, where the American public becomes a partner with the companies.” At the time, no specific size for the proposed equity stake was given. The talks remain preliminary and, per the FT, it’s likely that any formal action would require congressional approval, which would significantly complicate the matter. The idea of a public AI fund has also been publicly discussed by Altman, and OpenAI has grown increasingly specific in its proposals for how such a fund could be structured.