Overview
- President Donald Trump said on Friday that his administration is actively exploring taking equity stakes or partnership arrangements with leading AI companies to let the American public share in AI’s financial gains.
- The White House on June 3 signed an executive order that creates a voluntary 30-day pre-release government review for defined ‘frontier’ models and requires a near-term AI cybersecurity clearinghouse led by Treasury and security agencies.
- OpenAI CEO Sam Altman has held private discussions with the administration about voluntary equity transfers and a ‘Public Wealth Fund’ since early 2025, and those talks have informed the current proposals.
- Senator Bernie Sanders has proposed a one-time 50% stock transfer to create a sovereign-style fund, while critics including former White House AI adviser David Sacks warn government ownership risks conflicts of interest and government‑corporate fusion.
- No deals, stake sizes, governance rights, or agency management structures have been finalized and the White House has scheduled meetings with AI executives for the week of June 8–14 to negotiate terms and next steps.