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Trump blindsided some AI companies with government equity talk

Christian Datoc· ·3 min read · 0 reactions · 0 comments · 9 views
Trump blindsided some AI companies with government equity talk

EXCLUSIVE — President Donald Trump‘s claim that he’s speaking to the major American artificial intelligence companies about creating a “partnership” with the federal government caught some of the leading firms by surprise, four people familiar tell the Washington Examiner. On Friday, Trump told reporters that he’d spoken to AI executives about making the American public […]

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Washington Examiner · Christian Datoc
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EXCLUSIVE — President Donald Trump‘s claim that he’s speaking to the major American artificial intelligence companies about creating a “partnership” with the federal government caught some of the leading firms by surprise, four people familiar tell the Washington Examiner. On Friday, Trump told reporters that he’d spoken to AI executives about making the American public “rich” by potentially having the government take an equity stake in the companies or exploring some type of public dividend. Last year, the Trump administration negotiated a deal to take a 10% equity stake in Intel, making the federal government the company’s single largest shareholder.

Excerpt limited to ~120 words for fair-use compliance. The full article is at Washington Examiner.

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