Trump wants the US government to own a piece of OpenAI, Google, and Nvidia

Trump wants the US government to own a piece of OpenAI, Google, and Nvidia

The president is pushing to explore government equity stakes in major AI companies, framing it as a way to share AI wealth with American citizens.

President Donald Trump floated a concept on June 5 that would have been unthinkable from a Republican administration just a few years ago: the US government taking financial stakes in the country’s biggest AI companies.

Speaking aboard Air Force One, Trump laid out plans to ensure ordinary Americans benefit from the AI boom through mechanisms like equity distribution and public-private partnerships. He’s now expected to host executives from OpenAI, Google, Microsoft, Anthropic, Meta, and Nvidia at the White House sometime between June 8 and 14.

Advertisement

The guest list could expand to “12 or 15” major tech companies, according to Trump’s remarks.

What Trump is actually proposing

This also isn’t Trump’s first dance with Big Tech on AI infrastructure. The Stargate joint venture initiative, announced on January 21, 2025, targeted up to $500 billion in private investment for US AI infrastructure, with projections of creating over 100,000 jobs. That project was about building the physical backbone for AI. This new conversation is about who profits from what gets built on top of it.

The political machinery behind the push

David Sacks, the White House AI and crypto czar appointed in late 2024, sits at the center of these discussions. His dual portfolio, covering both artificial intelligence infrastructure and digital asset regulation, gives him an unusually broad mandate over the technologies reshaping global finance and productivity.

In July 2025, the White House released America’s AI Action Plan, structured around three pillars: innovation acceleration, AI infrastructure development, and international diplomacy and security.

What this means for investors

For crypto markets specifically, the involvement of David Sacks as the policy architect linking AI and digital assets is worth watching closely. While these equity discussions don’t appear to directly involve cryptocurrency tokens, the infrastructure being discussed, particularly around ownership distribution and public benefit mechanisms, overlaps with the kind of programmable finance that blockchain technology was designed for.

Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.

Trump wants the US government to own a piece of OpenAI, Google, and Nvidia

Trump wants the US government to own a piece of OpenAI, Google, and Nvidia

The president is pushing to explore government equity stakes in major AI companies, framing it as a way to share AI wealth with American citizens.

President Donald Trump floated a concept on June 5 that would have been unthinkable from a Republican administration just a few years ago: the US government taking financial stakes in the country’s biggest AI companies.

Speaking aboard Air Force One, Trump laid out plans to ensure ordinary Americans benefit from the AI boom through mechanisms like equity distribution and public-private partnerships. He’s now expected to host executives from OpenAI, Google, Microsoft, Anthropic, Meta, and Nvidia at the White House sometime between June 8 and 14.

Advertisement

The guest list could expand to “12 or 15” major tech companies, according to Trump’s remarks.

What Trump is actually proposing

This also isn’t Trump’s first dance with Big Tech on AI infrastructure. The Stargate joint venture initiative, announced on January 21, 2025, targeted up to $500 billion in private investment for US AI infrastructure, with projections of creating over 100,000 jobs. That project was about building the physical backbone for AI. This new conversation is about who profits from what gets built on top of it.

The political machinery behind the push

David Sacks, the White House AI and crypto czar appointed in late 2024, sits at the center of these discussions. His dual portfolio, covering both artificial intelligence infrastructure and digital asset regulation, gives him an unusually broad mandate over the technologies reshaping global finance and productivity.

In July 2025, the White House released America’s AI Action Plan, structured around three pillars: innovation acceleration, AI infrastructure development, and international diplomacy and security.

What this means for investors

For crypto markets specifically, the involvement of David Sacks as the policy architect linking AI and digital assets is worth watching closely. While these equity discussions don’t appear to directly involve cryptocurrency tokens, the infrastructure being discussed, particularly around ownership distribution and public benefit mechanisms, overlaps with the kind of programmable finance that blockchain technology was designed for.

Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.