Key facts
- President Donald Trump expects AI companies to agree to 'giving back' to the public.
- Trump plans to meet with top AI executives to discuss potential government equity stakes.
- Support is growing in Washington for a financial partnership between the government and the AI industry.
- OpenAI is reportedly targeting a valuation of up to $1 trillion for its IPO.
- Half of Americans fear AI could lead to job losses.
U.S. President Donald Trump indicated on Wednesday that he anticipates leading artificial intelligence companies will agree to provide a return to the public, suggesting a potential government equity stake in these firms. Trump stated he would be meeting with the top 12 to 15 executives shortly to discuss this possibility, which he believes could make the public "very rich" and be popular.