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


FILE PHOTO: U.S. President Donald Trump delivers remarks on artificial intelligence at the "Winning the AI Race" Summit in Washington D.C., U.S., July 23, 2025. REUTERS/Kent Nishimura/File Photo

WASHINGTON, June 10 (Reuters) - U.S. President Donald Trump said ⁠on Wednesday that he expects top artificial intelligence companies to ‌agree to "giving back" to the public, an apparent 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 something ⁠to the public, and if ⁠we do that, the public will become very rich," Trump told reporters in ⁠the ‌White House’s Oval Office. "I think they'll do that, and I think it'll make it very popular."

Concern is growing among Americans about ⁠AI negatively impacting their lives. Half 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 immediately respond to requests for comment.

A White House official declined ⁠to comment on who would participate in the ​meeting Trump described in the Oval Office.

OpenAI is targeting a valuation of up to $1 trillion, Reuters previously reported.An agreement to give the U.S. government equity ⁠stakes could have a massive impact on the U.S. government's finances.OpenAI in April publicly proposed creating a "public wealth fund" to invest in AI companies,according to a company statement. Proceeds from the fund would be "distributed directly to ​citizens," according to the company.

Vermont Senator Bernie Sanders, ⁠a Trump critic who sought the Democratic presidential nomination in 2016 and 2020, ​has expressed support for the idea. Trump ‌said last week that his team would ​look into it.

(Reporting by Bo Erickson, Trevor Hunnicutt and Courtney Rozen in Washington; Editing by Doina Chiacu ,Mark Porter and Sanjeev Miglani)

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