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Trump says big AI companies are coming to the White House, looking into benefits

President Trump said on Friday that major AI companies will visit the White House next week as the administration explores ways the American public could benefit from AI. Discussions include proposals such as companies voluntarily giving equity to the U.S. government so proceeds could fund public dividends, an idea associated with OpenAI's CEO. Not all firms are participating — Anthropic reportedly is not in talks. Markets could react to increased political and policy involvement in the AI sector: proposals for government equity or other interventions raise uncertainty around valuations and capital plans for AI-related firms and chip suppliers (e.g., NVDA.OQ), potentially driving short-term volatility in semiconductor and large-cap AI stocks.

Category

NVIDIA

Sentiment

Mixed

Event

Policy statement

Reading time

1 min