Monday · October 19, 2026

 ·  Daily  ·  Newsletters

Resonance network: Quantum InsiderSpace Insider

OpenAI’s Altman Proposes 5% Equity Stake in U.S. Sovereign Wealth Fund Amid Broader AI Ownership Debate

OpenAI CEO Sam Altman has proposed contributing 5 percent of the company’s equity to a U.S. sovereign wealth fund, according to a Financial Times report, with a similar arrangement proposed for other AI companies. The move is described as an effort to secure goodwill with the current administration and defuse political tensions around AI concentration of ownership.

The proposal follows statements by President Trump in June confirming he had discussed arrangements under which AI companies would give the American public a direct stake in their growth, though no specific figures had been disclosed at that point. The latest talks remain preliminary, and any formal action would likely require congressional approval, adding significant complexity.

Altman has previously advocated publicly for a shared AI wealth model. OpenAI’s April policy paper, titled Industrial Policy for the Intelligence Age, outlined a public fund that could invest directly in AI labs and distribute returns to citizens, framing broad participation in AI-driven economic gains as a policy goal.

A more ambitious legislative proposal came from Senator Bernie Sanders, whose American AI Sovereign Wealth Fund Act would impose a one-time 50 percent tax on stock held by systemically important AI companies, depositing the collected shares into a public fund. Companies such as Google and SpaceX, where AI represents only part of broader operations, would be permitted to spin off non-AI divisions to reduce their tax exposure. The bill has not yet advanced to committee.

James Dargan
About the author
James Dargan

James Dargan is a writer and researcher at The AI Insider. His focus is on the AI startup ecosystem and he writes articles on the space that have a tone accessible to the average reader.

Trending today

Business & Markets

AiMOGA to Open Global Pre-Orders for Mobo Home Humanoid Robot

Business & Markets

Kapital to Acquire AI Coding Startup Woz in $30M Deal to Boost Financial AI Capabilities

a black square with a blue logo on it
Business & Markets · Enterprise

Meta Releases Muse Spark Open, an 816B-Parameter Open-Weight AI Model Built to Run on Macs

an orange smile on a black background
Business & Markets · Enterprise

Amazon’s Panos Panay Bets on Ambient AI Over Apps as the Future of Personal Computing

A metallic blue infinity symbol surrounded by floating social media and technology icons
Business & Markets · Enterprise

Meta Drops Commercial Terms Language That Sparked AI Training and Scraping Concerns

The AI economy, every weekday morning

The daily briefing on LinkedIn. Free, one tap to follow.

Exclusives

Exclusive

South Korea’s AI G3 Strategy: Decoded

Scale-ups to Watch

10 Switzerland-Based AI Scale-Ups You Need to Know in 2026

network, blockchain, digital, hand, web, community, artificial, intelligence, steering, interfaces, bokeh, future, digitization, transformation, change, blockchain, blockchain, blockchain, blockchain, blockchain, transformation
Exclusive

Why Crypto Could Be AI’s Payment Layer: BlackRock Sees Stablecoins Connecting Commerce and Compute

AI Predictions
Exclusive

Why AI Predictions Often Get The Technology Right But The Timeline Wrong

Scale-ups to Watch

10 CEE & Baltics-Based AI Scale-Ups You Need to Know in 2026

More in Business & Markets

Latest from the same section
Business & Markets · Enterprise

Disney Agrees to Hire Majority of Character.AI Workforce Following Chatbot Startup’s Bankruptcy

4 hours ago
A metallic blue infinity symbol surrounded by floating social media and technology icons
Business & Markets · Enterprise

Meta Drops Commercial Terms Language That Sparked AI Training and Scraping Concerns

4 hours ago
Business & Markets · Enterprise

Anthropic Details AI-Driven Workforce Shift and Commits 5% of Shares to Public Benefit Fund as Replit Moves Default to OpenAI

5 hours ago
a black square with a blue logo on it
Business & Markets · Enterprise

Meta Releases Muse Spark Open, an 816B-Parameter Open-Weight AI Model Built to Run on Macs

3 days ago

The AI economy, every weekday morning

The daily briefing plus the weekly Scale-ups to watch edition. Free, no spam, unsubscribe any time.