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David sacks, the white house artificial intelligence and crypto czar, said that there will be no federal bailout for ai, as u.s This unequivocal statement from david sacks, identified as a white house ai and crypto czar, cuts directly to the heart of a burgeoning debate within the tech industry Races to cement its position as a global leader in the booming.
David sacks said there will be 'no federal bailout' for artificial intelligence If one fails, others will take its place,” he wrote in a post on x. Sacks is president donald trump's artificial intelligence and crypto czar
Sacks' comments came after openai cfo.
Tech investor and president trump’s ai adviser david sacks said there would be no federal bailout for ai, though the administration wants to ease constraints on permitting and power generation. Former paypal executive david sacks, now the crypto and ai czar of the us government, has said that there will be no bailout of ai companies should they fail if their massive investments in datacenters don’t work out. White house ai czar david sacks has shut down any possibility of a federal bailout for ai companies, responding to openai cfo sarah friar's 'backstop' remarks. White house adviser david sacks stated on thursday that there will be no federal bailout for artificial intelligence companies
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