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Trump gets OpenAI to offer US 5% stake, far lower than Sandersโ€™ target

OpenAI CEO Sam Altman is reportedly in active talks with the Trump administration about the US potentially acquiring a 5 percent stake in the leading AI firm.

Insider sources told the Financial Times that these talks are in โ€œearly stages,โ€ but Altman โ€œhas argued that giving the public a financial stake in the company is the best way to share the upside of AI.โ€

Donald Trump favors the idea, and his administration has reportedly been talking to several AI firms about the possibility. According to FTโ€™s sources, other companies approached to share similar stakes include Google and Meta.

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ยฉ NurPhoto / Contributor | NurPhoto

Editorial: It's time to step up and have your say for science

2 July 2026 at 10:00

Near the end of May, the Office of Management and Budget (OMB) proposed a new rule that would govern how the federal government handles the grants it issues, including those that fund the vast majority of scientific research in the US.

If formalized, the rule would make political priorities the prime determinant of what science gets funded and sideline the opinions of scientific experts. Grants could be canceled due to political whims, and new layers of bureaucracy would inhibit basic scientific activities like publishing papers and attending conferences. Unlike the executive orders it echoes, it would have the force of law behind it and be significantly harder to challenge in court.

Before coming into force, however, the proposal must go through a process that includes public feedback and (potentially) changes in response. The deadline for that feedbackโ€”Monday, July 13โ€”is rapidly approaching.

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ยฉ Alex Wong/Getty Images

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