In the US, a proposal for a "sovereign wealth fund" through which the government would hold equity in major AI companies has drawn cross-party alignment from Vice President JD Vance and Senator Bernie Sanders, even as Bloomberg Opinion on June 30, 2026 argued the idea would be "bad for both the US and for AI."
June 2026 · U.S. Senate
Sanders Proposes a $7 Trillion AI Sovereign Wealth Fund
The "American AI Sovereign Wealth Fund Act" would impose a one-time 50% stock transfer on large AI companies — OpenAI, Anthropic, xAI — to build a federal fund paying dividends to every American.
$7T
Estimated fund size at current valuations
50%
One-time stock transfer from covered AI firms
$1,000+
Expected annual dividend per American (5% of fund/yr)
A New Fund vs. Existing Public Funds
Proposed U.S. AI fund compared to two real sovereign/public funds (fund value, USD)
~$7T
Proposed U.S.
$89B
Alaska Permanent
The proposed AI fund would dwarf both models cited as precedents — over 3× Norway's oil fund and roughly 80× Alaska's public fund.
How It Would Work
Covered firms
AI revenue above $200M/year transfer 50% of equity
→
7-member commission
Bipartisan body manages fund, wields voting rights & board seats
→
All Americans
Receive 5% annual dividend; losses borne by companies
Supporters say
AI is built on humanity's collective knowledge — a public resource
Returns benefits universally, prevents oligarchic control
Enables democratic oversight; Trump & Vance signal openness
Critics warn
A "road to AI national socialism"; possible Fifth Amendment conflict
Political favoritism, corruption and information-control risks
Could stifle innovation and cede leadership to China
Anthropic valuation
$965B
Passage and market impact remain uncertain — a key question is how the plan intersects with the ongoing push toward AI listings.
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