Trump says he thinks AI companies will agree to ‘giving back’ to the public

By Bo Erickson, Trevor Hunnicutt and Courtney Rozen WASHINGTON, June 10 (Reuters) – U.S. President Donald Trump said โ€Œon Wednesday that he expects top artificial โ€Œintelligence companies to agree to “giving back” to the public, an apparent โ€‹reference to a possible government stake in the firms. “I’m going to have meetings with the top 12…


Trump says he thinks AI companies will agree to ‘giving back’ to the public

By Bo Erickson, Trevor Hunnicutt and Courtney Rozen

WASHINGTON, June 10 (Reuters) – U.S. President Donald Trump said โ€Œon Wednesday that he expects top artificial โ€Œintelligence companies to agree to “giving back” to the public, an apparent โ€‹reference to a possible government stake in the firms.

“I’m going to have meetings with the top 12 or 15 executives very shortly, and we’re talking about giving back โ€Œsomething to the โ public, and if we do that, the public will become very rich,” Trump told โ reporters in the White Houseโ€™s Oval Office. “I think they’ll do that, and I think it’ll make it very popular.”

Concern โ€‹is growing โ€‹among Americans about AI โ€‹negatively impacting their lives. โ€ŒHalf of Americans fear that the rise of AI could put them or someone in their household out of work, according to a Reuters/Ipsos poll completed on Monday.

AI companies Anthropic, OpenAI, Google and Meta did not โ€Œimmediately respond to requests for โ€‹comment.

A Trump spokesperson did not โ€‹immediately respond to โ€‹a request for more details about the โ€Œpresident meeting with AI executives.

OpenAI โ€‹is targeting a โ€‹valuation of up to $1 trillion, Reuters previously reported. An agreement to give the U.S. government equity stakes โ€‹could have a โ€Œmassive impact on the U.S. government’s finances.

(Reporting by โ€‹Bo Erickson and Trevor Hunnicutt; Editing by โ€‹Doina Chiacu and Mark Porter)

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