Sam Altman's OpenAI, Trump Admin In Talks Over Government Stake In AI Startup

Published 6 June 2026 · tech

Sam Altman's OpenAI, Trump Admin In Talks Over Government Stake In AI Startup Published By, Last Updated: June 06, 2026, 14:15 IST Altman pitched the

Sam Altman's OpenAI, Trump Admin In Talks Over Government Stake In AI Startup Published By, Last Updated: June 06, 2026, 14:15 IST Altman pitched the idea to the President Donald Trump-led administration in 2025, and the talks have been ongoing for over a year now OpenAI CEO Sam Altman and U.S. President Donald Trump (From left to right) The White House has been in talks with billionaire Sam Altman’s OpenAI over a possible government stake in the Artificial Intelligence (AI) company. According to a report by CNBC, citing an unnamed source, Altman pitched the idea to the President Donald Trump-led administration in 2025, and the talks have been ongoing for over a year now.

Co-founder of OpenAI, Altman met with several lawmakers and officials in Washington this week to deliberate on regulations and the latest developments in the field of AI. OpenAI To Donate Shares To ‘Support Public Wealth Fund’? As part of discussions, Open AI is likely to donate some of its shares to seed a ‘Public Wealth Fund’, outlined in the company’s policy, CNBC reported. OpenAI said the fund could “invest in diversified, long-term assets", involving American citizens to share directly in the benefits of AI growth, according to a potential agreement. However, an official agreement is yet to be finalised. Valued at more than USD 850 billion by private investors, OpenAI is planning to launch Initial Public Offerings (IPO) this year, according to the CNBC report.

What Trump Said On Talks On Friday, President Donald Trump addressed the talks while speaking to reporters aboard Air Force One, saying he would be meeting with AI firms in the “very short, very near future". “There are concepts where pieces could be given to the American public, where the American public essentially becomes a partner," he said. Pertinent to note that the Trump administration has already acquired stakes in Intel, International Business Machines and other quantum and critical mineral companies. News18 Newsletter Handpicked stories, in your inbox A newsletter with the best of our journalism submit Location: Washington D.C., United States of America (USA) First Published: June 06, 2026, 14:15 IST News world Sam Altman's OpenAI, Trump Admin In Talks Over Government Stake In AI Startup Disclaimer: Comments reflect users’ views, not News18’s.

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