Substrate
politics

US Explores Government Stakes in AI Companies as Trump Meets Industry Leaders at White House

The meeting will address U.S. government investment in major artificial intelligence firms. Trump compared the plan to the government's 10 percent stake in Intel taken last year.

The Bbc
LI
Politico
3 sources·Jun 5, 3:14 PM·1m read
US Explores Government Stakes in AI Companies as Trump Meets Industry Leaders at White HouseThe Bbc
Audio version
Tap play to generate a narrated version.

U.S. government taking a financial stake in their firms. Trump spoke about the planned session while aboard Air Force One.

He said the goal is to create almost a partnership with the American public and that conversations with AI leaders focus on where the American people can benefit from the success of AI so the American people will like it better. The companies expected to attend include Google, Microsoft, OpenAI, SpaceX and Anthropic. SpaceX and Anthropic are expected to go public in the coming weeks.

A spokesman for Microsoft declined to comment. Representatives of Google, OpenAI, SpaceX and Anthropic did not respond to requests for comment. S. government taking a 10 percent stake in Intel last year.

U.S. has already made money on that investment. S. investment in AI companies for a year. Sam Altman, chief executive of OpenAI, traveled to Washington DC this week and met Senator Bernie Sanders.

U.S. would take a 50 percent stake in AI companies. Asked about Sanders' plan, Trump said where economics are concerned, we have things that aren't that far apart.

A representative for Senator Bernie Sanders did not respond to a request for comment. Dario Amodei, chief executive of Anthropic, met senior White House officials a few weeks ago. S.

Department of Defense over its refusal to accept broad new contract terms and subsequent removal from government operations. Anthropic publicly praised President Trump's Executive Order on AI this week. S.

Government and we're finding ways to be helpful to national security.

Transparency

How sources framed this
The Bbc
LIPolitico
LeftNeutralRightPartnershipsOverreach
CorroborationModerate · 3 sources

Story details

Related Stories

Trump Pardons Former Rep. Stephen Buyer, Convicted of Insider Trading Securities Fraudmsnbc.com
politics1 hr agoSourced

Trump Pardons Former Rep. Stephen Buyer, Convicted of Insider Trading Securities Fraud

The June 4 action restores voting, jury service, federal office, and firearm rights removed by Buyer’s securities-fraud conviction.

The White House
nypost.com
The New York Times
3 sources
Armenia Holds Parliamentary ElectionsSubstrate placeholder — needs review
politics1 hr ago

Armenia Holds Parliamentary Elections

Nineteen parties and blocs compete as Prime Minister Nikol Pashinyan seeks to continue shifting the country toward the European Union and the United States.

Abc News
BBC News
France 24
3 sources
France Opens Probe Into Alleged Mistreatment of Gaza Flotilla ActivistsFrance 24
politics2 hrs agoUpdated

France Opens Probe Into Alleged Mistreatment of Gaza Flotilla Activists

French prosecutors launched a preliminary investigation into suspected torture and war crimes linked to the detention of activists on a Gaza-bound flotilla. The probe follows complaints from returned participants and a government referral.

Al Jazeera
France 24
Le Monde
3 sources