OpenAI Proposes Donating 5% Equity to U.S. Sovereign Wealth Fund
OpenAI CEO Sam Altman has proposed donating 5% of the company's equity to a U.S. sovereign wealth fund, replicating the Alaska Permanent Fund model valued at nearly $91.2 billion. The conceptual proposal would also encourage Anthropic, Google and Meta to allocate similar stakes, but specific terms remain undefined.
1. Proposal Details
OpenAI CEO Sam Altman has proposed allocating 5% of the company's equity to a U.S. sovereign wealth fund, aiming to replicate the Alaska Permanent Fund structure.
2. Industry Participation
The plan would invite major AI developers including Anthropic, Google and Meta to commit similar stakes, broadening government participation across the sector.
3. Valuation Model
Under the proposed model, the fund would operate like the Alaska fund, which is valued at approximately $91.2 billion and provides annual dividends to residents.
4. Unresolved Specifics
The proposal remains in a conceptual stage, with key terms, governance rights and implementation timeline yet to be determined.
