Sam Altman pitched Trump administration a hybrid public wealth fund model combining Alaska Permanent Fund and Trump Accounts concepts

Altman, who offered last year to cede equity in OpenAI to the Trump administration, envisioned a hybrid structure modeled after the Alaska Permanent Fund and Trump Accounts, according to a person familiar with the talks.

In April, OpenAI described a "Public Wealth Fund" of donated equity that provides returns "directly to citizens." The idea has bipartisan support: Sen. Bernie Sanders, whom Altman met with last week, has endorsed a similar proposal.

Trump told reporters Friday he might discuss the proposal with "all the big" AI firms as soon as that week, saying "The American people can benefit from the success of AI, and by doing that, they're going to like it better."