President Donald Trump said on Friday that he’s spoken to AI companies about striking deals “where the American people can benefit from the success…
President Donald Trump said on Friday that he’s spoken to AI companies about striking deals “where the American people can benefit from the success of AI.” Trump does not seem to have mentioned specific companies in his comments, but OpenAI is a likely candidate, especially after CNBC reported that the Trump adminis…
The update centers on The Trump administration might take an equity stake in OpenAI and gives GenAI News readers a fuller view of what changed, who is involved, and what the development signals.
From an operator and builder perspective, the story connects to ai news, openai, ai tools trends rather than standing as an isolated announcement.
As outlined by the company, proceeds from the fund “could be distributed directly to citizens, allowing more people to participate directly in the upside of AI-driven growth, regardless of their starting wealth or access to capital.” According to Bloomberg, when reporters on Air Force One asked Trump about the idea…
What matters
- President Donald Trump said on Friday that he’s spoken to AI companies about striking deals “where the American peopl…
- CNBC said some of that equity could be used to seed a “Public Wealth Fund” recently proposed by OpenAI .
- As outlined by the company, proceeds from the fund “could be distributed directly to citizens, allowing more people t…
Why it matters
As outlined by the company, proceeds from the fund “could be distributed directly to citizens, allowing more people t…
This GenAI News article was prepared in original wording using reporting and materials published by TechCrunch AI. Source reference: https://techcrunch.com/2026/06/06/the-trump-administration-might-take-an-equity-stake-in-openai/.
Drafted by the GenAI News review pipeline.