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President Donald Trump confirmed on Air Force One that his administration is exploring the possibility of the U.S. government taking equity stakes in major AI companies, framing it as a partnership with the American public to share in the industry's growth. Multiple outlets report that OpenAI CEO Sam Altman has been in discussions with the White House for over a year, with the potential deal eyeing around 1-5% stakes to help fund a sovereign or public wealth fund.
Additionally, Trump plans to host a meeting with AI executives as early as next week at the White House. This push follows similar government interventions like the 10% stake in Intel and stakes in IBM, quantum computing, and critical mineral firms. Senator Bernie Sanders has also proposed a bill for a 50% government stake in top AI companies, though it faces significant political hurdles. The administration’s goal appears to be not only capturing economic upside but also improving Americans' generally negative views about AI.
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