The Trump administration might take an equity stake in OpenAI
President Trump has discussed the possibility of the U.S. government taking an equity stake in AI companies like OpenAI. This move is part of a broader initiative to allow the American public to benefit from AI advancements. The proposal includes the creation of a Public Wealth Fund that would distribute proceeds directly to citizens.
- ▪Trump has spoken to AI companies about deals that would benefit the American people.
- ▪The Trump administration is reportedly discussing an equity stake in OpenAI.
- ▪Senator Bernie Sanders proposed a tax on AI companies to give the public a role in AI's future.
Opening excerpt (first ~120 words) tap to expand
President Donald Trump said on Friday that he’s spoken to AI companies about striking deals “where the American people can benefit from the success of AI.” Trump does not seem to have mentioned specific companies in his comments, but OpenAI is a likely candidate, especially after CNBC reported that the Trump administration has indeed been discussing an equity stake with the AI company. CNBC said some of that equity could be used to seed a “Public Wealth Fund” recently proposed by OpenAI.
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