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Yesterday — 6 November 2025Main stream

David Sacks Rejects AI Bailouts, Emphasizing Market Competition Over Government Backstops

6 November 2025 at 22:15

The post David Sacks Rejects AI Bailouts, Emphasizing Market Competition Over Government Backstops appeared first on StartupHub.ai.

“There will be no federal bailout for AI.” This unequivocal statement from David Sacks, identified as a White House AI and Crypto Czar, cuts directly to the heart of a burgeoning debate within the tech industry: the role of government support in the capital-intensive world of artificial intelligence. His remarks, disseminated via social media platform […]

The post David Sacks Rejects AI Bailouts, Emphasizing Market Competition Over Government Backstops appeared first on StartupHub.ai.

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