Altman's AI Equity Plan: 5% for US Sovereign Fund

OpenAI CEO Sam Altman has proposed giving 5% of the company's equity to a U.S. sovereign wealth fund. This proposal also extends to other AI companies. It aims to build goodwill with the current administration and reduce political concerns about AI ownership concentration. This follows earlier discussions with President Trump about giving the American public a direct stake in AI growth. Altman has previously supported a shared AI wealth model, as outlined in OpenAI's April policy paper. This paper suggested a public fund to invest in AI labs and distribute returns to citizens. Separately, Senator Bernie Sanders introduced a bill proposing a one-time 50% tax on stock from major AI companies, putting these shares into a public fund. This proposal has not yet moved forward. These discussions highlight ongoing efforts to determine how the public might share in the economic benefits of AI.