BITNEWS

Trump 'Blindsided' AI Companies With Bizarre Plan To Take Ownership: Report

President Donald Trump told reporters he had a meeting locked in with the biggest names in artificial intelligence to discuss the government taking ownership stakes in their companies. There was just one problem: nobody had told the companies. Leading AI companies were "blindsided" by Trump's announcement Friday that he planned to meet with "all the big" firms about taking "pieces" of their companies, "possibly as soon as next week," three sources told NOTUS . "I actually have a meeting scheduled in the very short, in the very near future, with — did you know that? — all of the companies," Trump told reporters aboard Air Force One. "And we're talking about it, where the American people can benefit from the success of AI." The executives learned about the meeting from the president's public comments, not from the White House, according to the sources, who spoke on condition of anonymity. As of Monday afternoon, the administration had provided no details on timing or location. Trump framed the idea in populist terms. "There's something very interesting about it, where it almost becomes a partnership with the American public," he said. "It would be a beautiful thing." But the proposal — which would rank among the most consequential federal interventions in the private sector in modern history — has drawn sharp pushback, including from within Trump's own party. read more

ONLY AVAILABLE IN PAID PLANS

Published by: crooksandliars

Read full article here: https://crooksandliars.com/2026/06/trump-blindsided-ai-companies-bizarre-plan