Sanders unveils bill to create AI sovereign wealth fund 

AI Summary

Senator Bernie Sanders proposed a bill to establish an AI sovereign wealth fund that would invest in major AI companies and provide payouts to Americans. The fund is estimated to be worth around an unspecified amount.

Sen. Bernie Sanders (I-Vt.) unveiled new legislation Thursday to create an AI sovereign wealth fund that would provide Americans with annual payouts by taking 50 percent stakes in the country’s largest AI companies. Sanders, who announced plans to put forward such a measure earlier this month, estimated the sovereign wealth fund would be worth around…