Reported about 5 hours ago
David Sacks, the White House AI czar, confirmed that the federal government will not provide a bailout for the AI sector, emphasizing the U.S.'s intent to maintain strong leadership in the rapidly growing technology. He noted that the U.S. has multiple major AI companies to absorb potential failures and that efforts are underway to streamline infrastructure development without raising electricity rates. This comes alongside a significant $500 billion AI infrastructure initiative announced by President Trump.
Source: YAHOO