OpenAI Offers 5% Equity to US Wealth Fund

OpenAI CEO Sam Altman has proposed donating 5% of the company's equity to a US sovereign wealth fund, with other AI companies potentially making similar contributions. The move aims to secure goodwill with the Trump administration, though talks remain preliminary and would likely require congressional approval. The proposal aligns with OpenAI's broader push for a public AI investment fund, outlined in its April policy paper suggesting citizens share in AI-driven growth. Senator Bernie Sanders has offered a more aggressive alternative, proposing a one-time 50% tax on AI company stock to fund a similar public wealth vehicle.