Key facts
- Donald Trump stated his team will look into the U.S. taking a stake in AI companies.
- Trump commented on interest rates, suggesting potential cuts in October.
- Trump expressed optimism about the U.S. economy.
- Steve Witkoff and Jared Kushner visited Oak Ridge National Laboratory.
- The visit was related to nuclear negotiations with Iran.
Former President Donald Trump announced that his team will "look into" the possibility of the United States taking a stake in artificial intelligence companies. This statement indicates a potential new direction for government involvement and investment within key technological sectors. In related news, Trump's special envoy Steve Witkoff and son-in-law Jared Kushner visited the Oak Ridge National Laboratory to consult with experts for nuclear negotiations with Iran. President Trump insists any deal must prevent Iran from developing nuclear weapons. Iran is believed to possess about 900 pounds of highly enriched uranium. Tehran has been adamant that it must maintain the ability to enrich uranium and denies developing a weapon. Trump also commented on interest rates, where he expressed a desire for lower rates and deferred the decision to Fed Governor Christopher Waller, suggesting potential cuts in October. He also commented on the country's economic performance, stating it is doing well and the market should rise.