The White House's top AI official, David Sacks, responded on social media platform X that there “will be no federal bailout for AI” and if one of the leading companies fails, “others will take its place,” though he also added he didn't think “anyone was actually asking for a bailout.”
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"I think the truth is it should have been done a long time ago. Over the past decade or so, the federal government has accumulated something like 400,000 Bitcoin through civil asset forfeitures procedures," Mr. Sacks said.
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