With the growing influence of artificial intelligence (AI) in our lives, the ethical implications of AI have received attention from various communities. Building on previous work on trust in people and technology, we advance a multidimensional, multilevel conceptualization of trust in AI and examine the relationship between trust and ethics using the data from a survey of a national sample in the U.S. This paper offers two key dimensions of trust in AI—human-like trust and functionality trust—and presents a multilevel conceptualization (...) of trust with dispositional, institutional, and experiential trust each significantly correlated with trust dimensions. Along with trust in AI, we examine perceptions of the importance of seven ethics requirements of AI offered by the European Commission’s High-Level Expert Group. Then the association between ethics requirements and trust is evaluated through regression analysis. Findings suggest that the ethical requirement of societal and environmental well-being is positively associated with human-like trust in AI. Accountability and technical robustness are two other ethical requirements, which are significantly associated with functionality trust in AI. Further, trust in AI was observed to be higher than trust in other institutions. Drawing from our findings, we offer a multidimensional framework of trust that is inspired by ethical values to ensure the acceptance of AI as a trustworthy technology. (shrink)