r/stocks
US Government possibly to take stakes in AI company in the coming weeks similar to Intel
Trump plans to meet AI leaders to discuss potential US government stakes in major AI companies, similar to the Intel investment.
- US government investment could provide significant capital and political backing for AI companies.
- Creates a partnership with the American public, potentially boosting public support and adoption.
- Government stakes might lead to increased regulatory scrutiny or political interference in corporate operations.
- The plan is still in the discussion phase and may not materialize, creating uncertainty.
US President Donald Trump is planning to meet the bosses of some of the country's most notable artificial intelligence (AI) companies to discuss the government taking a financial stake in their future.
Speaking on Air Force One, Trump said the goal of the US government investing in AI companies was to "create almost a partnership with the American public".
He expects to meet leaders of major AI companies at the White House - likely next week.
Although the president did not name specific companies, the biggest companies in the US working on AI are Google, Microsoft, OpenAI, SpaceX and Anthropic - the latter two of which are expected to go public in the coming weeks.
Trump compared the prospective investment in AI to the US government last year taking a 10% stake in Intel, a company that makes computer chips. He claimed the US has already made money on that investment.
"We're talking about it,"Trump said, referring to conversations with AI leaders "where the American people can benefit from the success of AI, the American people will like it better".
You all will be disgusted with just how much abaolutely everybody who works there makes. To build something that needs a a bailout because they're spending too much on all of this.
Capitalism is fine as long as politicians act as our representatives to keep those companies in line. Something like a referee during the football game. The problem begins when those compani simply bought politicians. Then we are screwed.
Never happened since Roosevelt
“Capitalism is fine until you put it into practice!”
Fascism, corporatism, oligarchy, etc. more so then socialism
You mean the guy who made 80% of his money on govt insurance payouts for his obgyn practice?
Founder of the libertarian movement using socialism to reach a financial level he can then turn around and tell everyone they shouldn't get government assitance?
This is what people voted for. What can we do? Educate voters? Can they even read?
More debt.
I'm not going to explain why or how many corporations pay little to no taxes. But if you're curious you should Google it. Or ask ChatGPT. Gotta juice the profits for the American people.
Investing in Microsoft covers two angles, either direct investment or indirect via OAI.
They aren't conservative, but they are republican. They control the Republican party. Whether they truly stand by those values is another conversation.
However, if you're a conservative that supports trump, you may not be a conservative.
Capitalism is about free people trading amongst each other peacefully and without violence or coercion. This shit Trump is doing is not capitalism.
His policies have more in common with the Soviet Union than any president in US history.
you should learn your lesson then and invest heavily in the market bro and quit whining about it. work some overtime and buy in
It wasn't the dictator Chiang Kai-shek who built TSMC. He passed away in 1975, whereas Taiwan's science parks and semiconductor industry weren't established until the late 1980s. This happened during the tenure of his son, Chiang Ching-kuo, and was actually driven and decided by visionary technocrats who planned the science parks, which indirectly led to the founding of TSMC.
Back then, it was a joint venture between the government and private enterprises. They took over low-margin, high-pollution manufacturing sectors that U.S. companies no longer wanted to operate, offshoring that production to Taiwan. TSMC actually lost money for its first decade. Because of this, when a new government took office in the 2000s, they kept selling off the company's shares. The situation got so tense that TSMC's CEO had to personally plead with the government to stop selling. That is why the Taiwanese government only holds around a 6% stake today, while over 70% is held by U.S. and foreign investors, including the sovereign wealth funds of Singapore and Norway.
Educate yourself. Ask AI about potable water and how it differs from water in lakes.
Capitalism doesn't do "Too big to fail." This is cronyism and socialism, top to bottom.
Capitalism lets failed businesses fail. It doesn't do bailouts.