Senate bill proposes creating a national investment fund for artificial intelligence
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Senator Ron Wyden introduced the American A.I. Sovereign Wealth Fund Act. The bill would establish a government-managed fund intended to invest in artificial intelligence technologies and infrastructure.
Why it matters: This would represent a significant shift in how the government funds technology by moving from direct spending to a permanent investment fund model.
Who it affects
- Artificial intelligence companies and researchers
This information comes from Congress.gov regarding a Senate bill; please read the full text of the legislation before relying on it for financial or legal decisions.
Agency: Senate
Source: Congress.gov — read the official document