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David sacks said there will be 'no federal bailout' for artificial intelligence 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 Sacks is president donald trump's artificial intelligence and crypto czar

Sacks' comments came after openai cfo. 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. David sacks, the white house artificial intelligence and crypto czar, said that there will be no federal bailout for ai, as u.s

Races to cement its position as a global leader in the booming.

Openai might have hinted — and backtracked — at a possible backstop of its ai datacenter investments by the us government, but the government doesn’t seem to be in any mood to be involved Former paypal executive david sacks, now the crypto and ai czar of the us government, has said that there. White house adviser david sacks stated on thursday that there will be no federal bailout for artificial intelligence companies If one fails, others will take its place,” he wrote in a post on x.

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.

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