{"id":1216,"date":"2026-07-02T10:11:20","date_gmt":"2026-07-02T10:11:20","guid":{"rendered":"https:\/\/coasttocoastmoverss.com\/?p=1216"},"modified":"2026-07-02T10:11:20","modified_gmt":"2026-07-02T10:11:20","slug":"openai-reportedly-pitches-granting-u-s-government-5-stake","status":"publish","type":"post","link":"https:\/\/coasttocoastmoverss.com\/?p=1216","title":{"rendered":"OpenAI Reportedly Pitches Granting U.S. Government 5% Stake"},"content":{"rendered":"
\n

News Peg<\/h2>\n

According to the report, the proposal floated by OpenAI seeks to replicate the Alaska Permanent Fund, a sovereign wealth fund established in 1976 to invest the state\u2019s surplus oil revenues. The fund pays out an annual dividend to the state\u2019s residents, and as of May 31, it was valued at nearly $91.2 billion<\/u>. It\u2019s unclear which other companies would be on board to contribute to the fund, but OpenAI\u2019s key competitors include Anthropic, Google and Meta. It’s also unclear if semiconductor giants like Nvidia, Micron and AMD\u2014which have also benefited from the AI boom\u2014would be expected to join. <\/p>\n

Read more 1.7 Million Satellites Will Have \u2018Devastating Consequences,\u2019 Study Says<\/a><\/p>\n

what has openAi said previously about profit sharing<\/h2>\n

In April, OpenAI published a outlining what it said was a new industrial policy to deal with the impact of so-called \u201csuperintelligence,\u201d which it described as AI sthat can outperform even the smartest humans. Among other things, the policy document called for the creation of a Public Wealth Fund that would give the American people an automatic stake in AI companies and infrastructure\u2014even if they are not investing directly in financial markets. The document also included other proposals including four-day work weeks, raising corporate tax rates to compensate for loss in income taxes and taxing businesses that replace human workers with AI.<\/p>\n

What Has Trump Said About Government Ownership In AI Companies?<\/h2>\n

Last year, the U.S. government acquired a 10% stake in struggling semiconductor giant Intel. Since then, the president and other members of his administration have proposed taking up stakes in other chipmaking and AI companies. Last month, Trump told reporters<\/u> that he was hearing \u201cconcepts where pieces could be given to the American public, where the American public essentially becomes a partner with the companies.\u201d The president called the idea \u201cinteresting\u201d and said his administration will \u201clook into that.\u201d<\/p>\n

Read more Tesla\u2019s Electric Semi Has Its First Fatal Crash<\/a><\/p>\n

<\/div>\n

tangent<\/h2>\n

According to FT, Altman has also held conversations with Sen. Bernie Sanders, I-Vt., on the matter. Last month the progressive senator pushed for a more expansive version of the purported OpenAI proposal that would see the U.S. government take a 50% stake in all major AI companies through a soveraign wealth fund.<\/p>\n

further reading<\/h2>\n

OpenAI proposes handing Trump administration 5% stake (Financial Times)<\/p>\n

Four Day Work Weeks, Public Wealth Fund: OpenAI\u2019s Ideas For Our AI Future (Forbes)<\/p>\n

Read more Tucker Carlson Says Trump Is \u2018Not A Man In Charge Of His Own Life\u2019\u2014Wants To Build New Third Party<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

The proposal being discussed by OpenAI and Trump administration officials purportedly calls for all major AI companies to grant the government a 5% stake.<\/p>\n","protected":false},"author":1,"featured_media":1215,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-1216","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"yoast_head":"\nOpenAI Reportedly Pitches Granting U.S. Government 5% Stake - Coast to Coast Movers<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coasttocoastmoverss.com\/?p=1216\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"OpenAI Reportedly Pitches Granting U.S. Government 5% Stake - 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