Trump open to ‘Sovereign Wealth’ fund for AI stakes, says JD Vance; Musk calls for direct cash payments
The Trump administration is exploring an idea that could give the American public a direct financial stake in the artificial intelligence boom. In a recent appearance on The Diary of a CEO podcast with host Steven Bartlett, Vice President JD Vance said President Donald Trump is supportive of creating a US sovereign wealth fund that could buy equity stakes in some of America’s biggest AI companies.
The clip of the segment has now gone viral on social media as it touches on a growing concern: With AI companies becoming more valuable, how can ordinary Americans benefit from that wealth instead of seeing it concentrated in the hands of a few firms and investors?
