Saturday, June 20, 2026 | Sen. Bernie Sanders introduced the American AI Sovereign Wealth Fund Act on June 18, 2026. The legislation would force a one-time 50 percent tax on leading AI companies, payable in newly issued stock, for firms generating over $200 million in annual gross receipts. This hands the federal government a controlling 50 percent ownership stake in companies, including OpenAI, Anthropic, xAI, and others tied to AI, data centers, computing infrastructure, or advanced robotics...
Underground USA Evening News Brief
Saturday, June 20, 2026 | Sen. Bernie Sanders introduced the American AI Sovereign Wealth Fund Act on June 18, 2026. The legislation would force a one-time 50 percent tax on leading AI companies, payable in newly issued stock, for firms generating over $200 million in annual gross receipts. This hands the federal government a controlling 50 percent ownership stake in companies, including OpenAI, Anthropic, xAI, and others tied to AI, data centers, computing infrastructure, or advanced robotics...