Trump has embraced government investment in private companies in his second term, scrambling his party's politics. His administration last year secured a 10 per cent stake in the struggling Silicon Valley company Intel, and it considered a government takeover of Spirit Airlines earlier this year, although the airline couldn't reach a deal and ultimately closed.

When the grid was electrified in the 1930s, it left landowners wealthy and the rest with nothing but displacement. Bernie Sanders doesn't want that to happen again.

US administration is exploring stakes in major AI firms days after Sen. Bernie Sanders proposed public ownership of leading AI companies.