Close Menu

    Subscribe to Updates

    Get the latest news information from worldwide businesses.

    What's Hot

    Elections are won with votes, respect earned through public service: V-P C P Radhakrishnan | India News

    July 26, 2026

    Seattle Storm’s Dominique Malonga becomes youngest player to dunk in WNBA All-Star Game history

    July 26, 2026

    Rick and Morty season 9 episode 10 release date and time, what’s next, and everything you need to know

    July 26, 2026
    Facebook Instagram YouTube LinkedIn X (Twitter)
    Trending
    • Elections are won with votes, respect earned through public service: V-P C P Radhakrishnan | India News
    • Seattle Storm’s Dominique Malonga becomes youngest player to dunk in WNBA All-Star Game history
    • Rick and Morty season 9 episode 10 release date and time, what’s next, and everything you need to know
    • Cyclospora Outbreak Grows to 9 States: CDC Reveals New Findings
    • India and Australia must move decisively to build resilient energy supply chains
    • CreditAccess Grameen Q1 net profit jumps 8-fold to Rs 493 cr
    • Pakistan-based terror handler ordered to appear before NIA court in Katra, Narwal blasts that killed 13 | India News
    • Authorities issue urgent plea after 2 children allegedly abducted by father
    Newspublicly
    • About Us
    • Advertise & Partner with us
    • Pitch Your Story
    • Contact Us
    Facebook Instagram LinkedIn X (Twitter)
    Subscribe
    • Home
    • World News
      • Asia
      • India
      • USA
      • UK & Europe
      • Middle East
    • Economy & Business
      • Global Economy
      • Corporate & Industry
      • Finance & Markets
      • Policy & Trade
    • Technology
      • Gadgets & Devices
      • Software & Apps
      • AI & Machine Learning
      • Robotics & Automation
    • Health & Medicine
      • Fitness & Nutrition
      • Research & Innovation
      • Disease & Treatment
      • Doctors, Clinics & Patient Care
    • Travel & Tourism
    • Automobile
      • Electric & Hybrid Vehicles
      • Auto Industry Insights
    • Sports
    • More
      • Education
      • Real Estate
      • Environment & Climate
      • Space & Astronomy
      • War & Conflicts
    Newspublicly
    Home»Technology»Software & Apps»The Trump administration might take an equity stake in OpenAI
    Software & Apps

    The Trump administration might take an equity stake in OpenAI

    AdminBy AdminJune 6, 2026No Comments2 Mins Read0 Views
    Share
    Facebook Twitter LinkedIn Copy Link WhatsApp


    President Donald Trump said on Friday that he’s spoken to AI companies about striking deals “where the American people can benefit from the success of AI.”

    Trump does not seem to have mentioned specific companies in his comments, but OpenAI is a likely candidate, especially after CNBC reported that the Trump administration has indeed been discussing an equity stake with the AI company.

    CNBC said some of that equity could be used to seed a “Public Wealth Fund” recently proposed by OpenAI. As outlined by the company, proceeds from the fund “could be distributed directly to citizens, allowing more people to participate directly in the upside of AI-driven growth, regardless of their starting wealth or access to capital.”

    According to Bloomberg, when reporters on Air Force One asked Trump about the idea, he replied that he’s been talking to AI executives about “concepts where pieces could be given to the American public, where the American public essentially becomes a partner with the companies.”

    Bloomberg also reports that CEO Sam Altman has been discussing the idea of a government stake in major AI companies since early 2025.

    This seems to align with Trump’s broader interest in government ownership of for-profit companies — most notably, with the government taking a 10% stake in struggling chipmaker Intel last year.

    The idea has also found some traction on the left, with Senator Bernie Sanders this week proposing a one-time, 50% tax that companies like OpenAI, Anthropic, and xAI (which is part of SpaceX) would pay in the form of stock.

    With all of those businesses potentially going public this year, Sanders argued this tax would “give the public a direct role in determining the future of this technology” and “guarantee that the trillions of dollars potentially generated by A.I. are used to improve the lives of all of us.”

    David Sacks, an investor who recently stepped down from his role as Trump’s AI and crypto czar, posted that he can see why Sanders’ idea resonates, “including with many on the right,” but warned it would actually “accelerate the corporate-government fusion we’re already sliding toward.”

    Elsewhere on social media, former Microsoft employee Dare Obasanjo suggested, “The groundwork is already being laid for a government bailout of OpenAI.”

    When you purchase through links in our articles, we may earn a small commission. This doesn’t affect our editorial independence.



    Source link

    Author

    • Admin

      NewsPublicly.com is News & Articles Platform that creating SEO-focused articles on travel, lifestyle, and digital trends.

    Admin
    • Website

    NewsPublicly.com is News & Articles Platform that creating SEO-focused articles on travel, lifestyle, and digital trends.

    Related Posts

    Monday.com is the latest tech company to blame AI for layoffs — here are 20 others

    July 26, 2026

    Warner Bros. lawsuit accuses Amazon of illegally poaching executives

    July 25, 2026

    The hacker who humiliated spyware makers and was never caught

    July 25, 2026
    Leave A Reply Cancel Reply

    Demo
    Top Posts

    The Blue Moon rises on May 30— Where and when to see the second full moon of the month

    May 30, 202640 Views

    New SOCOM rifle allows barrel swapping and cartridge changes

    June 1, 202633 Views

    “Inside Gemini Robotics 1.5: How Robots Learn to Reason & Act

    November 22, 202527 Views

    525 pounds of cocaine seized after Nebraska K9 alerts troopers on I-80

    May 28, 202624 Views
    Don't Miss

    Elections are won with votes, respect earned through public service: V-P C P Radhakrishnan | India News

    July 26, 20261 Min Read0 Views

    1 min readNew DelhiJul 26, 2026 05:32 AM IST HIGHLIGHTING THE role of public service,…

    Seattle Storm’s Dominique Malonga becomes youngest player to dunk in WNBA All-Star Game history

    July 26, 2026

    Rick and Morty season 9 episode 10 release date and time, what’s next, and everything you need to know

    July 26, 2026

    Cyclospora Outbreak Grows to 9 States: CDC Reveals New Findings

    July 26, 2026
    Stay In Touch
    • Facebook
    • Twitter
    • Instagram
    • YouTube
    • LinkedIn
    • WhatsApp

    Subscribe to Updates

    Get the latest creative news from SmartMag about art & design.

    Demo
    NEWSPUBLICLY
    Facebook X (Twitter) Instagram LinkedIn

    Home

    • About Us
    • Leadership
    • Advertise & Partner With Us
    • Pitch Your Story
    • Media Kit & Pricing
    • Career
    • FAQs

    Guidelines

    • Editorial & Submission
    • Partnership
    • Advertising & Sponsor
    • Intellectual Property Policy
    • Community & Comment
    • Security & Data Protection
    • Send Your Opinion

    Quick Links

    • Cookie Policy
    • Payment & Billing Terms
    • Refund & Cancellation
    • Copyright Policy
    • Complaint & Support
    • Sitemap
    • Contact Us

    Subscribe Us

    Get the latest news and updates!

    Copyright © 2026 Newspublicly (DIGITALIX COMMUNICATION). All Rights Reserved.
    • Privacy Policy
    • Terms of Use
    • Disclaimer