OpenAI CEO Sam Altman has proposed donating 5% of the company’s equity to a US sovereign wealth fund, the Financial Times reported on Thursday, citing two people familiar with the matter. Under the proposal, other AI companies would donate similar stakes, although significant questions remain over the details.

According to the Financial Times report, the donation would be intended to “ensure good relations with the administration and…address the political fallout.”

Similar discussions were reported by CNBC in June and were later confirmed by President Trump, who said he had discussed “concepts where parts could be delivered to the American public, where the American public essentially becomes partners with the companies.” At that time, no specific size was provided for the proposed shareholding.

The talks remain preliminary and, according to the Financial Times, any formal action is likely to require congressional approval, which would significantly complicate the matter.

Altman has also publicly discussed the idea of ​​a public AI fund, and OpenAI has become increasingly specific in its proposals for how such a fund could be structured. More recently, a policy paper titled “Industrial Policy for the Intelligence Age,” published by OpenAI in April, proposed a public wealth fund that could invest directly in AI labs and companies deploying their technology.

“The Fund’s returns could be distributed directly to citizens, allowing more people to directly participate in the benefits of AI-powered growth, regardless of their initial wealth or access to capital,” the document reads.

Senator Bernie Sanders (I-VT) proposed a more aggressive version of the policy in June, calling for a one-time 50% tax on shares of AI companies, with the shares raised would be deposited into a public fund. The bill, called the U.S. Sovereign AI Fund Act, would apply to all “systemically important” AI companies, including those dealing with data centers, infrastructure or robotics. Under the proposal, companies like Google and SpaceX that include AI only as part of their business would be allowed to spin off non-AI parts of the company to avoid taxes.

The bill has yet to go to committee.