FT: Trump administration, OpenAI discussing possible government stake in the AI startup.
OpenAI has already floated a Public Wealth Fund, which would hold long-term assets and potentially pass AI-related gains back to citizens. It will be a government-backed vehicle outside the company.
OpenAI said the fund could “invest in diversified, long-term assets” and would enable citizens to participate in the “upside” of AI growth, possibly by receiving the fund’s returns directly
Theres a huge political angle: voters fear job loss, data-center costs, and corporate control, while AI companies need Washington’s support for infrastructure, procurement, and regulation.
For some context, The Trump administration has already taken stakes in Intel, IBM and other quantum and critical mineral companies during the president’s second term.
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