Bernie Sanders is pushing to give the American public a 50% stake in top AI companies

The Vermont senator's bill would create a roughly $7 trillion fund through a one-time stock transfer from the largest AI firms

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Sen. Bernie Sanders introduced legislation Thursday that would give the American public a direct 50% ownership stake in the country's largest artificial intelligence companies through a one-time tax on their stock.

Under the legislation, firms crossing the $200 million annual AI revenue threshold would be required to hand over half their shares to a new federally managed fund, The Associated Press reported, with Sanders pegging the total value of the resulting fund at approximately $7 trillion.

Oversight of the fund would fall to an independent, seven-person commission whose members would go through........

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