President Trump Considers Government Stake in AI Companies Amid Rising Tech Stocks
President Trump has announced that his administration is exploring the possibility of the U.S. government acquiring stakes in AI companies. This move is part of a broader strategy to involve the American public in the burgeoning AI sector. The announcement follows reports of preliminary talks between senior U.S. officials and AI firms about potential government investments. The proposal has gained traction after Senator Bernie Sanders suggested a one-time 50% tax on AI labs' stock to fund a U.S. sovereign wealth fund. Major AI-related stocks, including Nvidia, Marvell, and Micron, saw gains in early trading following the news. Trump plans to meet with executives from companies like Anthropic, OpenAI, and xAI at the White House to discuss the proposal further.