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Trump Proposes US Stakes in AI
President Donald Trump has expressed interest in the US government holding equity stakes in leading artificial intelligence developers.
He plans to discuss this idea with AI company executives, aiming for the American public to share in the industry's potential trillion-dollar upside.
This proposal comes amidst a growing AI IPO wave that could test Wall Street's appetite for new shares.
Meanwhile, a top White House AI adviser, Sriram Krishnan, is set to depart his role, adding to a number of resignations from the Trump administration this year.
United States
Country located primarily in North America
Country located primarily in North America
Artificial intelligence
Field of computer science that develops and studies software enabling machines to exhibit intelligent behavior
Field of computer science that develops and studies software enabling machines to exhibit intelligent behavior
Sriram Krishnan
Indian-American investor
Indian-American investor