Trump advisor Sacks: 'No federal bailout for AI'
https://www.cnbc.com/2025/11/06/trump-ai-sacks-federal-bailout-openai-friar.html
Key Points
- David Sacks said there will be ‘no federal bailout’ for artificial intelligence.
- Sacks is President Donald Trump’s artificial intelligence and crypto czar.
- Sacks’ comments came after OpenAI CFO Sarah Friar mentioned a federal “backstop” during a conference.
