Trump Is Talking With Tech Executives About Acquiring ‘Pieces’ of Major AI Companies

President Donald Trump said Friday he is in talks with leaders of major AI companies about the U.S. government acquiring stakes in their firms, a potential landmark federal intervention in the private sector. Trump confirmed he has discussed the idea with tech executives for over a year and plans to invite them to the White House as soon as next week.

President Donald Trump said on Friday that he is talking with the leaders of the largest artificial-intelligence companies about having the government acquire “pieces” of their firms. It could prove to be among the most significant federal interventions in the private sector in modern history. The president’s comment confirmed NOTUS reporting https://www.notus.org/technology/trump-ai-stake-openai that he has been discussing the idea with tech executives for more than a year. He said he is aiming to invite “all of them” to the White House as soon as next week.