00:00It's Benzinga bringing Wall Street to Main Street
00:02President Trump is ruling out nationalizing artificial intelligence labs such as OpenAI
00:06and Anthropic, but said he may consider taking equity stakes in them, according to an interview
00:11with Time.
00:11Asked whether he would pursue an Intel-style deal with the companies, Trump told Time,
00:16"...I might.
00:16Maybe I could do that."
00:17He rejected the idea of nationalizing leading AI labs.
00:20The administration holds a 9.9% stake in Intel, along with stakes in MP Materials, Lithium
00:26Americas, and Trilogy Medals, plus a golden share in U.S. Steel.
00:30OpenAI has reportedly considered offering the government a 5% equity stake as part of
00:35efforts to deepen ties with the administration.
00:38Trump rebranded artificial intelligence as superintelligence across the executive branch
00:42and announced plans to appoint an AI czar.
00:45For all things money, visit Benzinga.com.
