President Trump wants a piece of the AI pie, and he’s not just talking about for himself. He announced plans to gather top AI executives to discuss how the US government could negotiate equity stakes in their companies, with the stated goal of letting ordinary Americans benefit financially from the AI boom.

Here’s the thing: as of June 10, 2026, no formal invitations have actually been sent. Major firms including Microsoft and Google were reportedly blindsided by the announcement, which is one way to start a partnership.

The pitch: public ownership of AI’s upside

Trump floated the idea on June 5-6, framing it as a “partnership with the American public.” The concept is straightforward: if AI companies are going to reshape the economy, regular citizens should get a cut. The mechanism he’s proposing is government-negotiated equity stakes in major AI firms.

The model he cited? The federal government’s existing 10% stake in Intel. In Trump’s telling, that arrangement worked well enough to serve as a template for something far more ambitious, one that would span the biggest names in artificial intelligence.

The companies discussed in connection with the potential meeting include OpenAI, Microsoft, Meta, Google, Amazon, Oracle, and xAI.

Nobody got the invite

As of four days after the initial announcement, no formal invitations had gone out. Major AI companies were not officially invited, and several were caught off guard by the public disclosure.

This isn’t the first time the Trump administration has engaged AI leadership directly. Back in March 2026, key AI firms participated in a White House roundtable where they signed a pledge focused on managing power generation costs tied to AI data centers.

What this means for investors

For investors in publicly traded AI companies like Microsoft, Meta, Google, Amazon, and Oracle, the immediate concern is dilution. If the government negotiates equity stakes, existing shareholders would want to know where those shares come from. Are they newly issued? Purchased on the open market with taxpayer funds? Granted as part of regulatory concessions? Each scenario carries different implications for share price and corporate governance.

One thing worth noting: no cryptocurrency assets or tokens were mentioned in connection with the proposed equity model. This is a traditional equity play, not a tokenized ownership experiment.