Sen. Bernie Sanders says he will soon introduce legislation to transfer ownership in large U.S. artificial intelligence companies to the public through an “AI Sovereign Wealth Fund.” Multiple outlets report that the bill would require major AI firms to contribute a one-time equivalent of 50% of their equity or stock value into a government-controlled fund, potentially in the form of shares. The proposal is described as applying to companies meeting a revenue threshold, with one report citing US$200 million in annual AI revenue. Sanders frames the effort as a way to return economic value and democratic control to Americans, arguing that AI companies benefited from data and that public input should increase. Several sources also describe expected mechanisms for the plan, including public voting shares and, after the fund is established, possible dividend distributions to the public. Commentaries and analysis pieces note that the plan would likely face resistance from major AI companies and question practical implications such as governance and how corporate decisions could be affected. Sanders’ announcement is characterized as an attempt to shift wealth and power away from industry concentration toward a public investment structure.