Trump floats American public stake in AI giants to share in future wealth
TL;DR
Trump floated letting the American public own a stake in AI giants to share in the sector’s vast upside, a concept championed by OpenAI’s Sam Altman and linked to ideas like a public wealth fund and even a Sanders-backed tax proposal; with AI IPOs anticipated from Anthropic, SpaceX, and OpenAI, advocates argue 1-5% stakes could give Americans a slice of the trillion-dollar opportunity while signaling U.S. leadership in AI.
- Trump: U.S. stake in AI giants "could be a beautiful thing" Axios
- Trump says his team will 'look into' US taking stake in AI companies Reuters
- Trump to meet with artificial intelligence companies on government profit share plan as soon as next week Politico
- Donald Trump, Bernie Sanders and Sam Altman are all talking about public ownership in AI AP News
- Trump administration, OpenAI discussing possible government stake in the AI startup CNBC
Want the full story? Read the original reporting
Read on Axios