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OpenAI proposed donating 5% of its equity to a US sovereign wealth fund
BusinessThursday, July 2, 2026 at 07:00 PM

OpenAI proposed donating 5% of its equity to a US sovereign wealth fund

Source: TechCrunch AI
Curated Summary

OpenAI CEO Sam Altman has proposed donating 5% of the company's equity to a U.S. sovereign wealth fund, a move reported by the Financial Times.

This initiative aims to secure good relations with the administration and address potential political blowback regarding AI's rapid growth.

The proposal aligns with recent discussions involving President Trump about the American public becoming a partner in AI companies.

OpenAI has previously outlined similar concepts in a policy paper titled 'Industrial Policy for the Intelligence Age,' suggesting returns could be distributed directly to citizens.

While similar ideas have been proposed by Senator Bernie Sanders, including a 50% tax on AI stock, those legislative efforts have not yet advanced.

The current OpenAI proposal remains preliminary and would likely require complex congressional approval to become reality.

This development highlights the growing intersection between AI corporate strategy and national economic policy.

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via TechCrunch AI

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