{"id":1040,"date":"2026-06-09T07:41:52","date_gmt":"2026-06-09T07:41:52","guid":{"rendered":"https:\/\/nationwideinterstatemovers.com\/?p=1040"},"modified":"2026-06-09T07:41:52","modified_gmt":"2026-06-09T07:41:52","slug":"trump-blindsides-ceo-buddies-with-plan-for-wild-power-grab","status":"publish","type":"post","link":"https:\/\/nationwideinterstatemovers.com\/?p=1040","title":{"rendered":"Trump Blindsides CEO Buddies With Plan for Wild Power Grab"},"content":{"rendered":"<article>\n<p>President Donald Trump took his tech-billionaire buddies by surprise when he announced that he was considering taking a government stake in their artificial intelligence companies.<\/p>\n<p>Read more <a href=\"https:\/\/nationwideinterstatemovers.com\/?p=1038\">Trump Hit With Loud Boos in Ultimate MSG Embarrassment<\/a><\/p>\n<p>Trump, 79, has kept a largely hands-off approach to AI companies during his second term. But that changed on Friday, when he told reporters on Air Force One that he was weighing how the government could take an active role in the booming industry.<\/p>\n<div>\n<p>\u201cThere\u2019s something very interesting about it, where it almost becomes a partnership with the American public, and we\u2019ll look into that,\u201d he said, referring to the federal government taking ownership stakes in AI giants. <\/p>\n<\/div>\n<p>\u201cI actually have a meeting scheduled in the very short, in the very near future, with\u2014did you know that?\u2014all of the companies,\u201d the president continued. \u201cAnd we\u2019re talking about it, where the American people can benefit from the success of AI.\u201d<\/p>\n<p>He added that \u201call the big\u201d AI companies are \u201ccoming to the White House probably next week.\u201d<\/p>\n<p>But Silicon Valley CEOs were caught off guard by Trump\u2019s remarks, NOTUS reports, citing three people familiar with the matter.<\/p>\n<p>Trump\u2019s plan to meet with the companies was news to them, the sources said. NOTUS did not specify which companies were being referred to. <\/p>\n<p>Read more <a href=\"https:\/\/nationwideinterstatemovers.com\/?p=1036\">Trump, 79, Botches National Anthem in Front of Millions<\/a><\/p>\n<p>Leading AI firms include Nvidia, SpaceX, Apple, Google, OpenAI, Meta, and Palantir. The companies\u2019 CEOs have sought to ingratiate themselves with Trump, in an apparent effort to blunt regulatory scrutiny. <\/p>\n<p>However, one tech billionaire, OpenAI CEO Sam Altman, has been discussing with Trump the idea of the government taking stakes in AI companies, according to The Washington Post. Altman, 41, has reportedly floated a plan in which his company would donate a portion of itself to a government fund, with other AI companies following suit, since early in Trump\u2019s second term, a person familiar with the outreach told the paper.<\/p>\n<p>The White House did not immediately respond to a request for comment. <\/p>\n<p>The president has shown a new, if tepid, willingness to have the government play a bigger role in the AI industry. Last week, he signed a long-awaited executive order asking AI companies to voluntarily submit their models for government testing up to 30 days before public rollout. <\/p>\n<p>The executive order had been watered down amid infighting in the White House between warring factions favoring more or less regulation. <\/p>\n<p>With his interest in government ownership stakes in AI companies, Trump bizarrely finds himself aligned with Vermont Senator Bernie Sanders, a self-declared democratic socialist. <\/p>\n<p>Last week, Sanders unveiled a proposal for the federal government to acquire major stakes in AI giants through a new American sovereign wealth fund, as well as representation on the firms\u2019 boards. <\/p>\n<p>Read more <a href=\"https:\/\/nationwideinterstatemovers.com\/?p=1034\">Trump Chaos Hits a Breaking Point: Political Guru<\/a><\/p>\n<div><\/div>\n<\/article>\n","protected":false},"excerpt":{"rendered":"<p>President Donald Trump took his tech-billionaire buddies by surprise when he announced that he was considering taking a government stake in their artificial intelligence companies. Read more Trump Hit With Loud Boos in Ultimate MSG Embarrassment Trump, 79, has kept a largely hands-off approach to AI companies during his second term. But that changed on [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1039,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-1040","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-politics"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Trump Blindsides CEO Buddies With Plan for Wild Power Grab - Nationwide Inter State Movers<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nationwideinterstatemovers.com\/?p=1040\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Trump Blindsides CEO Buddies With Plan for Wild Power Grab - Nationwide Inter State Movers\" \/>\n<meta property=\"og:description\" content=\"President Donald Trump took his tech-billionaire buddies by surprise when he announced that he was considering taking a government stake in their artificial intelligence companies. 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