Trump administration explores taking an equity stake in OpenAI
Key takeaways
- Add ARY News on Google AAResize US President Donald Trump on Friday stated that he has discussed deals with AI companies to ensure the American public benefits from AI’s success.
- Bloomberg reported that when asked on Air Force One, Trump mentioned discussions with AI executives about “concepts where pieces could be given to the American public, with the public becoming partners.”
- Additionally, Bloomberg indicated that OpenAI CEO Sam Altman has been exploring government stakes in major AI firms since early 2025.
Why this matters: local context for readers following news across Pakistan and the region.
Add ARY News on Google AAResize US President Donald Trump on Friday stated that he has discussed deals with AI companies to ensure the American public benefits from AI’s success. While he did not specify any particular companies, Open AI is a likely candidate, especially after CNBC reported ongoing discussions with the Trump administration about an equity stake.
CNBC also noted that some of this equity might fund a “Public Wealth Fund” recently proposed by Open AI, which aims to distribute proceeds directly to citizens to enable broader participation in AI-driven growth, regardless of wealth or access to capital.
Bloomberg reported that when asked on Air Force One, Trump mentioned discussions with AI executives about “concepts where pieces could be given to the American public, with the public becoming partners.”