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Sanders wants the public to own half of OpenAI, Anthropic and xAI

Senator Bernie Sanders announced plans to introduce legislation requiring major AI companies like OpenAI, Anthropic, and xAI to transfer 50% of their stock into a federal sovereign wealth fund. The proposal, outlined in a June 1 New York Times op-ed, would directly challenge the control currently held by industry leaders Sam Altman, Dario Amodei, and Elon Musk over the most prominent AI labs.

read1 min publishedJun 3, 2026

Sen. Bernie Sanders said he will introduce legislation that would require the largest AI companies, including OpenAI, Anthropic and xAI (@xai), to transfer 50% of their stock into a federal sovereign wealth fund, putting public ownership directly in conflict with the control that Sam Altman, Dario Amodei and Elon Musk (@elonmusk) have over the industry's most closely watched labs. Sanders laid out the proposal in a June 1 New York Times op ed republished on his Senate site. He said the Americ...

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