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US Senator Bernie Sanders plans to introduce the "American AI Sovereign Wealth Fund Act," which proposes to levy a one-time 50% equity tax on the largest AI companies in the United States. The relevant shares would be injected into a national sovereign wealth fund, with the wealth generated by AI distributed to all American citizens through cash dividends, healthcare, education, and housing.Bernie Sanders argues that the trillions of dollars in wealth created by AI should not be captured solely by a few tech companies and their shareholders. He stated that the full text of the bill will be released in the coming weeks. Currently, the proposal is at the stage of a policy initiative, and there is significant uncertainty regarding its path to legislation and implementation.
the South Korean government plans to inject some of the excess tax revenue from the semiconductor industry boom in cash into a new sovereign wealth fund set to launch in the second half of this year. The fund originally planned to raise 20 trillion won through in-kind contributions, such as government-held shares in state-owned enterprises, but has now decided to add several trillion won in cash, expanding its seed capital to nearly 30 trillion won (approximately $20 billion).The fund is a growth-oriented fund aimed at making medium to long-term investments in promising companies at the growth stage within South Korea's strategic industries. The relevant establishment bill is expected to be submitted to the National Assembly in June, with the funds included in the 2027 budget proposal.