OpenAI has explored the idea of granting the U.S. government a 5% equity stake as part of efforts to strengthen ties with the Trump administration and broaden public participation in the benefits of artificial intelligence, the Financial Times reported on Thursday.
The proposal, which remains in the conceptual stage, was reportedly raised by OpenAI CEO Sam Altman during early discussions with U.S. officials, the FT said, citing two people familiar with the talks.
The idea would see leading U.S. AI companies contribute similar shares of equity to a public investment vehicle, drawing inspiration from Alaska’s Permanent Fund, which distributes returns from state investments to residents.
The initiative is intended to address growing political scrutiny of the industry by giving the public a direct financial stake in the sector’s long-term growth. Discussions reportedly involved senior Trump administration officials, including Commerce Secretary Howard Lutnick and Treasury Secretary Scott Bessent, although any such arrangement would likely require Congressional approval.
It’s unclear whether other companies with interests in AI, including Anthropic, Google (GOOG) and Meta (META), would support the proposal, the FT said.
OpenAI, the developer of ChatGPT, declined to comment to the FT. CoinDesk has reached out to OpenAI for further comment.
The San Francisco-based company confidentially filed draft IPO paperwork with the U.S. Securities and Exchange Commission (SEC) in June. The company has since indicated it has not committed to a listing timeline. Recent reports suggest advisers are weighing a delay until 2027.