In a TIME interview published October 2, President Trump said the US government might take equity stakes in OpenAI and Anthropic, drawing a parallel to what he described as the government's existing 9.9% position in Intel, which he claimed generated roughly '$60 or $70 billion' for the US.
He ruled out full nationalization of the labs. On Nvidia, Trump said he told CEO Jensen Huang the US would restrict certain chip sales 'unless he gave the United States of America a cut'. Separately, OpenAI reportedly explored offering the administration a 5% equity stake, and Sam Altman held preliminary discussions about distributing AI-driven financial gains to the public, though no deal or timeline has been announced.