OpenAI is in talks with the Trump administration about a novel arrangement that could grant the U.S. government an equity stake in the AI startup, according to people familiar with the matter. One option under consideration is donating shares to seed a “Public Wealth Fund” outlined in OpenAI’s April policy proposal, which envisions Americans sharing in AI-driven gains. President Trump, speaking to reporters, said concepts under review include giving “pieces” to the public, though no terms have been finalized. The discussions, ongoing for more than a year, coincided with a Washington swing by CEO Sam Altman, who met lawmakers and officials on AI regulation.
The talks come as OpenAI, valued by private investors at more than $850 billion, prepares for a potential IPO following a record fundraising round co-led by MGX, backed by Abu Dhabi’s sovereign wealth fund. The administration has moved to accelerate AI adoption and has asked leading developers to provide the government early access to advanced models, a step Altman endorsed. In parallel, the White House has pursued broader industrial and national-security goals, including taking stakes in strategic technology companies. Sen. Bernie Sanders said he discussed a sovereign wealth fund with Altman this week. Notus first reported the latest talks.
OpenAI and the Trump administration explore potential U.S. government equity stake in the AI firm
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