CA, US & World

OpenAI Reportedly in Talks to Give Trump Administration 5% Stake Worth $42 Billion

OpenAI Reportedly in Talks to Give Trump Administration 5% Stake Worth $42 Billion

OpenAI, the creator of ChatGPT, is engaged in early conversations to hand a 5% equity stake in the company to the Trump administration, according to a report by the Financial Times.

The preliminary proposal suggests a sweeping arrangement where leading U.S. artificial intelligence companies would allocate 5% of their equity to a centralized government vehicle. OpenAI CEO Sam Altman has championed the concept, arguing that the framework would allow the American public to directly share in the massive financial upside generated by the artificial intelligence boom.

Based on a corporate funding round in March that valued OpenAI at $852 billion, a 5% share in the company would be worth an estimated $42.6 billion. Under the current proposal, executives have suggested structuring the public asset similarly to the Alaska Permanent Fund, a sovereign wealth fund that invests state oil revenues into financial markets to pay out annual dividends to residents. OpenAI previously published a policy paper in April advocating for a "public wealth fund" to provide every citizen with a financial stake in AI-driven economic growth.

Any finalized equity agreement of this scale would likely require an act of Congress to implement. It remains unclear whether rival AI developers are supportive of the equity-sharing initiative. However, the Trump administration has already demonstrated an appetite for sovereign corporate investments, having acquired a 10% stake in chipmaker Intel for $8.9 billion.

The high-stakes negotiations arrive at a time of severe regulatory friction between the White House and top-tier AI developers. The U.S. government has recently slowed down highly anticipated product rollouts due to safety and national security reviews. A source familiar with the matter noted that the White House recently requested OpenAI to restrict the launch of its upcoming GPT 5.6 model to a small group of government-approved partners.

Similarly, competitor Anthropic had the deployment of its advanced Claude models held up by federal oversight until the U.S. government lifted specific export controls following intense negotiations.

The discussions regarding public stakes come as both OpenAI and Anthropic actively prepare for stock market listings. Their upcoming initial public offerings (IPOs) will eventually force the highly guarded companies to lift the veil on their internal finances for public and regulatory review.

Reporting contributed by Hanna Ziady, CNN.

By: CNN Newsource

July 2, 2026

OpenAISam AltmanDonald TrumpFinancial TimesPublic Wealth FundAI RegulationGPT 56Government Scrutiny
Link Copied To Clipboard!
Latest Instagram Posts
119

It’s time for Season 5!! Fuego stopped by the studio today with a message! Coachella Valley Firebirds season opener this Friday, October 2 at 7 p.m. — tickets at CVFIREBIRDS.COM

71

Guess we are not the only ones asking about money in the Desert Recreation District! #therogginreport #coachellavalley #localnews #nbcpalmsprings

296

8 years lated and $30 MILLION higher … Should the state order an independent audit? Drop a 💬 if you want answers! #cvusd #coachellavalley #audit #therogginreport #nbcpalmsprings

127

Data centers on pause. ✋ Palm Springs City Council unanimously extended it’s moratorium through August 25, 2028, giving the city time to set zoning rules. What do you think of the decision? 🌴

17

☕️ Social Time with Thalia & Jerry

116

About 650,000 ballots and election materials are back with Riverside County election officials after the California Supreme Court ruled their seizure violated state election law. The materials remain under the registrar’s control as officials determine next steps.

27

Social Time with Thalia & Jerry. Do you get excited or stressed about the upcoming holiday season (or both) ?

276

BREAKING: Human remains believed to be those of 17-year-old T’neya Tovar have been discovered at a second site in the Salton City area, according to the Imperial County District Attorney’s Office. A skull and rib cage were found during a search involving Imperial County investigators and the FBI. Testing is still needed to confirm the remains belong to Tovar. The discovery comes one day after suspect Finebloom pleaded guilty to torture and voluntary manslaughter as part of a plea agreement that could result in a sentence of 13 years to life. More details on NBCPalmSprings.com

303

NBC Palm Springs went back to Indio Hills today after Dillon Road flooded last night, forcing many residents to leave. One resident told us he is back today, working on repairs—after his home faced extensive damage in the flood. be sure to visit nbcpalmsprings.com for a live look at the area today. #coachellavalley #weather #flood #indiohills #weather

2841

This afternoon in Salton City, the FBI and Imperial County Sheriff’s Department were in the neighborhood of Abraham Feinbloom. Searching just after a plea deal was made to where Feinbloom agreed to show investigators where the remains of T’Neya Tovar are. Feinbloom pled guilty to one count of torture and voluntary manslaughter. Tonight you’ll hear from neighbors who have been following the case from the very beginning, that story will be on nbcpalmsprings.com #nbcpalmsprings #abrahamfeinbloom #fyp #murdercase #missingteenager

OpenAI Reportedly in Talks to Give Trump Administration 5% Stake Worth $42 Billion