Obama congratulates Trump on victory

Obama invited Trump to meet with him at the White House on Thursday to update him on the transition, the statement said.

"Ensuring a smooth transition of power is one of the top priorities the President identified at the beginning of the year and a meeting with the President-elect is the next step," the statement said.

Obama will make a statement at the White House later Wednesday on the election results and speak about "what steps we can take as a country to come together after this hard-fought election season."