• Latest
  • Trending
  • All
  • News
  • Business
  • Politics
  • Science
  • World
  • Lifestyle
  • Tech
OpenAI proposes handing Trump administration 5% stake

OpenAI proposes handing Trump administration 5% stake

July 3, 2026
Malaysia's US$1.5 billion global sukuk oversubscribed 4.7 times

Malaysia's US$1.5 billion global sukuk oversubscribed 4.7 times

July 26, 2026
Mengniu’s Chinese Culture Pavilion captivates the world at the FIFA World Cup

Mengniu’s Chinese Culture Pavilion captivates the world at the FIFA World Cup

July 26, 2026
Maybank wins first-ever global recognition at Euromoney Awards

Maybank wins first-ever global recognition at Euromoney Awards

July 26, 2026
'Think Business, Think Hong Kong' campaign coming to Kuala Lumpur next month

'Think Business, Think Hong Kong' campaign coming to Kuala Lumpur next month

July 26, 2026
YNH Property defers RM34.4m coupon payments on perpetual securities ahead of RM455m land sale

YNH Property defers RM34.4m coupon payments on perpetual securities ahead of RM455m land sale

July 26, 2026
Bursa Malaysia reprimands Meridian, fines executive director

Bursa Malaysia reprimands Meridian, fines executive director

July 26, 2026
Airbus, Boeing fly in different paths at Farnborough

Airbus, Boeing fly in different paths at Farnborough

July 25, 2026
New US tariffs hit 60 trade partners

New US tariffs hit 60 trade partners

July 25, 2026
Volkswagen expects sales revenue dip amid restructuring

Volkswagen expects sales revenue dip amid restructuring

July 25, 2026
OpenAI incident sparks call for AI ‘kill switch’

OpenAI incident sparks call for AI ‘kill switch’

July 26, 2026
Singapore’s GIC to invest US$30b more in hedge funds

Singapore’s GIC to invest US$30b more in hedge funds

July 26, 2026
Ringgit opens higher against major currencies, softer vs US dollar

Ringgit opens higher against major currencies, softer vs US dollar

July 25, 2026
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Sunday, July 26, 2026
  • Login
SME
  • Home
    • Home – Layout 1
    • Home – Layout 2
    • Home – Layout 3
    • Home – Layout 4
    • Home – Layout 5
  • News
    • All
    • Business
    Malaysia's US$1.5 billion global sukuk oversubscribed 4.7 times

    Malaysia's US$1.5 billion global sukuk oversubscribed 4.7 times

    Mengniu’s Chinese Culture Pavilion captivates the world at the FIFA World Cup

    Mengniu’s Chinese Culture Pavilion captivates the world at the FIFA World Cup

    Maybank wins first-ever global recognition at Euromoney Awards

    Maybank wins first-ever global recognition at Euromoney Awards

    'Think Business, Think Hong Kong' campaign coming to Kuala Lumpur next month

    'Think Business, Think Hong Kong' campaign coming to Kuala Lumpur next month

    YNH Property defers RM34.4m coupon payments on perpetual securities ahead of RM455m land sale

    YNH Property defers RM34.4m coupon payments on perpetual securities ahead of RM455m land sale

    Bursa Malaysia reprimands Meridian, fines executive director

    Bursa Malaysia reprimands Meridian, fines executive director

    Airbus, Boeing fly in different paths at Farnborough

    Airbus, Boeing fly in different paths at Farnborough

    New US tariffs hit 60 trade partners

    New US tariffs hit 60 trade partners

    Volkswagen expects sales revenue dip amid restructuring

    Volkswagen expects sales revenue dip amid restructuring

    OpenAI incident sparks call for AI ‘kill switch’

    OpenAI incident sparks call for AI ‘kill switch’

    Trending Tags

    • Donald Trump
    • Future of News
    • Climate Change
    • Market Stories
    • Election Results
    • Flat Earth
  • Tech

    Trending Tags

    • Flat Earth
    • Sillicon Valley
    • Mr. Robot
    • MotoGP 2017
    • Golden Globes
    • Future of News
  • Entertainment
  • Lifestyle

    Trending Tags

    • Golden Globes
    • Mr. Robot
    • MotoGP 2017
    • Climate Change
    • Flat Earth
No Result
View All Result
SME
No Result
View All Result
Home News Business

OpenAI proposes handing Trump administration 5% stake

by thesun
July 3, 2026
in Business
Reading Time: 2 mins read
Summarize with ChatGPTSummarize with Perplexity

BENGALURU: OpenAI has discussed giving the US government a 5% stake, the Financial Times (FT)reported on Thursday, as AI firms face growing scrutiny in Washington over the potential misuse of advanced models and whether Americans will share in the sector’s ​profits.

Under the proposal, OpenAI has suggested that other US AI companies ‌also hand the government similar stakes, the report said, ​adding it was unclear whether the other companies would agree.

Reuters could not immediately verify the report.

OpenAI and the White House did not immediately respond to Reuters requests for comments outside ​regular business hours.

Last month, President Donald Trump said he was exploring options to give the public ‌a stake ​in leading AI companies, in response to concerns ​that individual Americans will not share in the sector’s expected profits.

Earlier, ​OpenAI proposed creating a “public wealth fund” to invest in AI companies and distribute proceeds to citizens, while Anthropic said it was exploring a “digital dividend,“ defined as payments to Americans funded by taxes on the AI sector.

The FT said, citing two people familiar with ‌the talks, that OpenAI CEO Sam Altman and the firm’s executives had suggested that leading US AI firms allot 5% of their equity to a vehicle similar to the Alaska Permanent Fund, a state-owned corporation seeded with oil revenues that pays annual dividends to residents and helps support ‌Alaska’s budget.

Altman has discussed the stake sale with Trump, Commerce Secretary Howard Lutnick and Treasury Secretary Scott Bessent, the FT said. He has also spoken to Democratic ​Senator Bernie Sanders in recent weeks.

The report comes after OpenAI delayed a full public launch of ​GPT-5.6 ​last week at the US government’s request. That announcement came after ‌the US ​government ordered rival Anthropic to suspend access to its frontier AI models, Fable 5 and Mythos 5, for foreign nationals over national security risks.

The US removed curbs on Anthropic’s AI models on Tuesday.

Both OpenAI and Anthropic ​have confidentially filed for US initial public ​offerings.

SummarizeSummarize
thesun

thesun

  • Trending
  • Comments
  • Latest
HRX Launches SME-Focused HR Solutions to Help Malaysian Businesses Navigate Rising Compliance Demands - Malaysia SME®

HRX Launches SME-Focused HR Solutions to Help Malaysian Businesses Navigate Rising Compliance Demands – Malaysia SME®

May 25, 2026
Sime Motors Unveils BYD Mansion Macalister to Strengthen EV Experience in Northern Malaysia - Malaysia SME®

Sime Motors Unveils BYD Mansion Macalister to Strengthen EV Experience in Northern Malaysia – Malaysia SME®

May 20, 2026
Progress is All About Deep, Personal Connections at Le Salon Proust - Malaysia SME®

Progress is All About Deep, Personal Connections at Le Salon Proust – Malaysia SME®

May 20, 2026
Malaysia has technical capability to commercialise 100% palm biodiesel: Augustine Ong

Malaysia has technical capability to commercialise 100% palm biodiesel: Augustine Ong

May 31, 2026
Pharmaniaga says insulin production capacity can meet Malaysia’s annual demand, attract exports interest

Pharmaniaga says insulin production capacity can meet Malaysia’s annual demand, attract exports interest

May 31, 2026
China rejects US sanctions on refineries over Iranian oil links

China rejects US sanctions on refineries over Iranian oil links

0
Japan, Vietnam seek deeper energy, mineral cooperation

Japan, Vietnam seek deeper energy, mineral cooperation

0
Japan spends over US$30bil to support the Yen

Japan spends over US$30bil to support the Yen

0
Spirit Airlines prepares to shut down operations overnight

Spirit Airlines prepares to shut down operations overnight

0
S&P 500, Nasdaq end higher, notch weekly gains after earnings-heavy week

S&P 500, Nasdaq end higher, notch weekly gains after earnings-heavy week

0
Malaysia's US$1.5 billion global sukuk oversubscribed 4.7 times

Malaysia's US$1.5 billion global sukuk oversubscribed 4.7 times

July 26, 2026
Mengniu’s Chinese Culture Pavilion captivates the world at the FIFA World Cup

Mengniu’s Chinese Culture Pavilion captivates the world at the FIFA World Cup

July 26, 2026
Maybank wins first-ever global recognition at Euromoney Awards

Maybank wins first-ever global recognition at Euromoney Awards

July 26, 2026
'Think Business, Think Hong Kong' campaign coming to Kuala Lumpur next month

'Think Business, Think Hong Kong' campaign coming to Kuala Lumpur next month

July 26, 2026
YNH Property defers RM34.4m coupon payments on perpetual securities ahead of RM455m land sale

YNH Property defers RM34.4m coupon payments on perpetual securities ahead of RM455m land sale

July 26, 2026
ADVERTISEMENT
SME

Copyright © 2026 SME.com.my.

Navigate Site

  • About
  • Advertise
  • Privacy & Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • News
    • Politics
    • Business
    • World
    • Science
  • Entertainment
    • Gaming
    • Music
    • Movie
    • Sports
  • Tech
    • Apps
    • Gear
    • Mobile
    • Startup
  • Lifestyle
    • Food
    • Fashion
    • Health
    • Travel

Copyright © 2026 SME.com.my.