David Sachs, a well - known venture capitalist, holds the position of the leader overseeing artificial intelligence and cryptocurrency matters in the Trump administration. Recently, he left no room for ambiguity by stating that the U.S. federal government has no intention of offering a financial bailout to the artificial intelligence industry. Sachs took to the social media platform X to share his views. He mentioned that there are currently at least five major frontier - model companies operating in the United States. In the event that one of these companies were to collapse, he believes that other players in the market would swiftly step in to fill the void. Additionally, Sachs highlighted that the Trump administration is actively engaged in efforts to streamline approval procedures and bring down the costs associated with electricity generation. The overarching aim of these initiatives is to facilitate the swift construction of infrastructure, all while ensuring that residential electricity bills do not see an increase.