Sam Altman proposed OpenAI donate 5% equity to a US sovereign wealth fund
OpenAI proposed donating 5% of its equity to a US sovereign wealth fund
Sam Altman proposed donating 5% of OpenAI's equity to a US sovereign wealth fund, with other AI companies contributing similar stakes. The goal is to ease political friction and public backlash over AI profits. Trump confirmed related talks in June but gave no numbers. The post doesn't spell out who would run the fund, how equity converts to cash, or whether other firms agreed.
Why it matters: OpenAI volunteering 5% equity to a US sovereign wealth fund is the first time the industry puts profit-sharing on the table with a real number. TechCrunch exclusive, backed by Trump's confirmation of discussions — credibility is decent. The knock: no details on who runs the fu...