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Ted Cruz: “They're talking about wanting an equity stake of OpenAI.”

Featuring: Ted Cruz, Republican | U.S. Senate, Texas

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Donald Trump's New Deal: Ted Cruz Shares The Inside Scoop Trump Accounts

Published | Video Starts at 30:05

Couple other points on this. The Trump administration has been very vocal about wanting to take equity stakes of companies. So for example, they took an equity stake of Intel. They're talking about wanting an equity stake of OpenAI. I've expressed very real concerns. I don't like the government owning parts of companies. I think that is a very bad precedent. Your question, what happens when the Democrats take over? (30:05–30:09)

CLAIM

Asserts that the Trump administration is considering taking an equity stake in OpenAI.

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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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