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Sanders Proposes Federal Ownership Stake in Major AI Companies, Draws Bipartisan Criticism

Sen. Bernie Sanders is introducing legislation that would give the U.S. government ownership interests in major AI firms. The proposal follows similar moves by President Trump in other strategic sectors.

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1 source·Jun 3, 5:06 AM·1m read
Sanders Proposes Federal Ownership Stake in Major AI Companies, Draws Bipartisan CriticismSemafor
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Sen. Bernie Sanders is proposing a bill that would give the federal government a stake in leading AI companies. The Vermont independent said the measure would help the American public benefit from the technology while creating an avenue for the government to influence its development.

The proposal is similar to President Donald Trump’s move to take government stakes in Intel and MP Materials. Sanders’ bill follows those earlier actions in strategic sectors. The idea has drawn criticism from both parties.

Sen. ” Sen. ” The White House did not return a request for comment on the legislation. m. EDT.

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