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Trump Says U.S. Could Take Stakes in OpenAI and Anthropic, Extending Intel-Style AI Push

October 2, 2026 at 00:01 EDT

Policy & Regulation
Foundation Models
Funding & M&A

President Donald Trump said the U.S. government could pursue equity stakes in OpenAI and Anthropic, while rejecting outright nationalization of frontier AI labs. The comments, made in a Sept. 28 interview published Oct. 1, move an Intel-style bargaining model into the center of U.S. AI policy.

Sept. 28 | U.S. government

Trump floats AI stakes

The White House has not announced a deal, but the president said OpenAI and Anthropic could face an Intel-style ownership model instead of nationalization.

9.9%

Intel government stake

$8.9B

Intel common-stock investment

Reported OpenAI stake idea

71%

Americans opposing data centers in cited polling

Ownership scale, drawn as percent stakes

OpenAI idea

9.9%

Intel precedent

The Intel stake is about twice the reported OpenAI percentage, but the legal and governance terms would matter more than the headline number.

Upside case

Public ownership could let citizens share in the financial gains from frontier AI companies and infrastructure.

Risk case

A regulator that also owns shares could face conflicts over safety, procurement, competition and model releases.

What would turn a remark into policy?

Legal vehicle→Stake price→Voting rights→Safety conditions

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