Proposal is part of a broader arrangement under which US would hold 5 per cent of each of its leading AI developers, FT said. Read more at straitstimes.com. Read more at straitstimes.com.

The proposal being discussed by OpenAI and Trump administration officials purportedly calls for all major AI companies to grant the government a 5% stake.

OpenAI is in talks to give the US government up to 5% equity to seed a Public Wealth Fund, potentially worth over $40 billion at current valuation.

OpenAI considers offering the US government a 5% stake to share AI boom benefits, amid rising regulatory pressures.