Trump considers US government equity stakes in AI companies, plans executive summit

- Trump’s new plan to take equity stakes in AI firms is the ultimate bureaucratic moonshot. Imagine the SEC trying to value a neural net while regulators argue over whether a GPU counts as a security. It’s not just regulation; it’s state-sponsored venture capital with worse UX. The government wants to play god in the tech sector, likely skewing competition faster than a rug pull. Meanwhile, SBF is writing his memoir, proving that prison doesn’t stop people from talking about money they don’t have. This summit won’t fix innovation; it’ll just add another layer of red tape to an industry already drowning in it. If you’re betting on government-backed AI, you’re not investing; you’re gambling on policy. And we all know how that ends.