Loading IndicatorLoading Indicator

Trump Pushes Federal Equity Stakes in AI Companies, Talks May Start This Week

Source
Minseung Kang

Summary

  • Trump is pushing a plan for the federal government to take equity stakes in AI companies.
  • The government is considering a structure under which it would secure stakes in companies receiving support and share in future growth gains.
  • Markets say the government's plan to hold stakes in AI companies could affect industrial policy and capital markets, as well as tech valuations and regulatory debate.

Forecast Trend Report by Period

Loading IndicatorLoading Indicator
Photo: Shutterstock
Photo: Shutterstock

President Donald Trump is pushing a plan for the federal government to take equity stakes in artificial intelligence companies, the New York Times reported on June 9.

The newspaper said Trump is pursuing a new policy approach under which the federal government would hold shares in AI companies.

Trump said he plans to meet with technology companies "very soon" to discuss how the government and AI firms could work together. The meeting could take place as early as this week.

The proposal would go beyond government funding for a specific industry. It would give the government equity in companies receiving support, allowing it to share in future growth.

Markets are watching the idea for its potential impact on both industrial policy and capital markets. With investment in AI infrastructure, semiconductors and data centers driving the stock market, a government move to become an equity holder in growth industries could also sharpen the focus on tech valuations and regulation.

Minseung Kang

Minseung Kang

minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
hot_people_entry_banner in news detail bottom articleshot_people_entry_banner in news detail mobile bottom articles

What do you think about this news?








PiCK News