Trump Says US May Take Equity Stakes in AI Companies, to Meet Executives Next Week
President Trump indicated the administration could buy equity stakes in US AI firms and will host a meeting with AI executives as soon as next week, according to Reuters.
President Donald Trump stated that the Trump Administration is considering purchasing equity stakes in US artificial intelligence companies. The remark came during a press interaction, as reported by Reuters.
Trump also announced plans to convene a meeting with AI industry executives as early as next week. The meeting is expected to discuss the government's potential role in the rapidly evolving AI sector.
No specific companies or investment amounts were mentioned in the statement.
Source: The Kobeissi Letter