S. 4825: American A.I. Sovereign Wealth Fund Act

S. 4825 is a federal bill in the 119th Congress. Large artificial intelligence companies with gross receipts exceeding $200 million will be required to issue new stock equivalent to 50 percent of their total outstanding shares to the federal government. Today, these companies retain all equity for… See its sponsors, how members voted, and a plain-English breakdown on PolityLens.