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Don't come begging to taxpayers if AI bet fails: Sanders to Big Tech on $3 trillion debt

short by Mansi Agarwal / on Saturday, 31 October, 2026
US lawmaker Bernie Sanders criticised Big Tech companies, inclduing Meta, Google and NVIDIA, for "racking up $3 trillion in debt on a high-stakes gamble on AI". He warned them against "begging" from taxpayers if the bet fails, saying, "You won't be bailed out." His remarks come amid a sharp decline in US tech stocks over concerns about heavy AI spending.