Senior Trump administration officials have opened talks with major AI firms about acquiring government equity stakes. The discussions could reshape how AI wealth is distributed and how the government relates to tech industry.
What NOTUS reported
Senior US officials have held preliminary discussions with major artificial intelligence companies about the potential for the federal government to acquire some shares in their firms, according to three people familiar with the matter. All three sources spoke on the condition of anonymity to reflect private deliberations.
While planning is ongoing and details are in flux, discussions have centered on having the firms voluntarily cede the shares to the government.
The returns on the investment could then be directed to public purposes, such as distributing a dividend payment to all American households.
Reuters said it could not immediately confirm the report. OpenAI, Anthropic, and the White House did not immediately respond to requests for comment.
Who is at the center of these talks
Sam Altman, the CEO of OpenAI, has discussed the idea with senior Trump administration officials periodically since the president began his second term. Altman first pitched the concept directly to President Donald Trump in a conversation in early 2025, and has discussed it again with senior administration officials in recent weeks as a way to more broadly distribute the economic benefits of AI to the public.
Anthropic is a different story. OpenAI CEO Sam Altman has discussed the idea with senior Trump officials, while rival Anthropic was not in conversations over a government equity stake.
In 2025, Altman stated that OpenAI discussed with the US government the potential for federal loan guarantees to accelerate the construction of chip factories domestically, but did not request government guarantees for building its data centers.
Why these talks are happening now
The timing is not accidental. The deliberations come as OpenAI and Anthropic prepare for what are expected to be among the largest initial public offerings in history, and as they struggle with public concern over AI.
Public skepticism toward the technology is significant. Fifty-five percent of Americans think AI will do more harm than good in their day-to-day lives, according to recent Quinnipiac polling. The upsurge of public anger has posed a threat to AI’s development, particularly through local resistance to the construction of data centers crucial to its technological advancement.
OpenAI has itself put public ownership ideas on the table. OpenAI’s own policy report calls for creating a public wealth fund that provides every citizen, including those not invested in financial markets, with a stake in AI-driven economic growth.
The quantum precedent
The AI talks do not emerge in a vacuum. The Trump administration has already moved to take ownership positions in other technology sectors.
The Department of Commerce announced letters of intent to invest $2 billion across nine quantum computing companies under the CHIPS and Science Act. In exchange, the government would receive a minority equity stake in each business.
IBM confirmed it would work with the US government to develop America’s first purpose-built quantum foundry, supported by the proposed $1 billion award. IBM said the initiative would accelerate American quantum innovation and enable advanced quantum wafer production for a broad range of companies.
Other recipients are likely to include D-Wave Quantum, Rigetti Computing, Quantinuum, and Infleqtion, with each company potentially receiving around $100 million. Australian quantum startup Diraq could receive about $38 million.
The government has also taken stakes in other industries. The Trump administration has acquired a 10% stake in Trilogy Metals, a 5% stake in Lithium Americas, a 15% stake in MP Materials, and a 9.9% stake in Intel Corp, among others.
What the executive branch has already done on AI regulation
Separately from any equity discussions, the administration has moved to increase its oversight of AI models. Trump signed an executive order asking leading AI developers to voluntarily submit their most capable models for government cybersecurity tests before releasing them to the public.
Sanders pushes a harder line from the left
While the administration’s discussions focus on voluntary share transfers, Senator Bernie Sanders has proposed a far more aggressive approach from a different direction.
Sanders proposed the American AI Sovereign Wealth Fund Act, which would impose a one-time 50% tax, paid in shares, on OpenAI, Anthropic, and xAI, depositing the equity into a public fund that gives ordinary Americans voting rights, board representation, and eventually dividend checks.
Sanders said the bill would give the public a direct role in determining the future of this technology. He argued that AI companies built and trained their models using the creative work of millions of people, mostly without receiving permission from the creators or compensating them, and that those creative works come from some of the wealthiest people in the world.
Senator Elizabeth Warren, a Democrat from Massachusetts, also published a piece in Time on May 27, 2026, titled “Why We Need to Tax AI,” signaling that Washington politicians across the left are pressing for a share of AI wealth just as the companies prepare for major IPOs.
With Democrats in the minority in both houses of Congress, the initiatives are currently more political statements than any practical legislative threat.
The irony in the numbers
The piece notes the irony that the Trump administration, normally hostile to government ownership of private companies, has already taken equity stakes in roughly 20 firms, completing the ownership step without the redistribution that Sanders and progressives are calling for.
What is still unknown
The NOTUS report is explicit about the limits of what is out. The planning remains ongoing. No formal agreement has been in place. No companies have confirmed participation. The structure of any deal, including the size of any stake or how returns would be distributed to the public, has not been finalized.
Reuters was unable to independently verify the core claims of the report at the time of publication.
What is clear is that the idea of the federal government holding shares in AI companies is no longer a fringe proposal. It is being discussed by the CEO of the world’s most prominent AI company, by senior officials inside the White House, and by elected senators on both sides of the aisle, each with very different visions of what that ownership should look like and who it should benefit.