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Trump is supportive of the govt owning stakes in AI firms: Vance
short by Vaishnavi Mishra / on Sunday, 21 June, 2026
US Vice President JD Vance said President Donald Trump is supportive of the government owning stakes in big AI companies. "He likes the idea as sort of a sovereign wealth fund," Vance said. "The idea that we're going to allow these companies…to accumulate trillions…and then we're going to be…able to…redistribute it to workers. I'm very sceptical of that," he added.