President Donald Trump told reporters aboard Air Force One on June 5 that his administration is actively considering taking equity stakes or forming partnership arrangements with leading artificial intelligence companies.
Trump framed the initiative as a way for the American public to effectively “partner” with AI firms. White House meetings with AI executives are scheduled for the week of June 8-14 to discuss the specifics.
From hands-off to hands-on
The announcement didn’t arrive in a vacuum. Two days earlier, on June 3, Trump signed an executive order titled “Promoting Advanced Artificial Intelligence Innovation and Security.” That order establishes a voluntary framework requiring AI developers to give the government early access, up to 30 days before public release, to what the order calls “covered frontier models.”
It also mandates the creation of an AI cybersecurity clearinghouse led by the Treasury Department, with involvement from the NSA and other government entities. That clearinghouse must be operational within 30 days of the order’s signing.
