Trump eyes AI riches with government stakes in top firms
Key takeaways
- The president confirmed earlier this month he is considering “concepts where pieces could be given to the American public, where the American public essentially becomes a partner.”
- But versions of this idea have also found support among the likes of Sen.
- Reports emerged in early June that the Trump administration was in preliminary talks with AI companies about taking equity stakes.
Why this matters: political developments that affect policy direction and public trust.
The president confirmed earlier this month he is considering “concepts where pieces could be given to the American public, where the American public essentially becomes a partner.”
But versions of this idea have also found support among the likes of Sen. Bernie Sanders (I-Vt.), Anthropic and OpenAI, bringing together a surprising contingent as politicians and the AI industry alike grapple with the vast wealth the technology is expected to create.
Reports emerged in early June that the Trump administration was in preliminary talks with AI companies about taking equity stakes. When asked about this, Trump said he was set to meet with tech executives in the “near future” to discuss the idea.