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The Economic Times
The Economic Times

US lawmakers seek to undercut Chinese AI and tech sales abroad

US Senators of both parties will unveil ​a bill on Tuesday aimed ​at countering Chinese sales of artificial intelligence tools overseas, according ​to a copy seen by Reuters.

The legislation, sponsored by Democrat Jeanne Shaheen of New Hampshire and Republican Pete Ricketts of Nebraska, would create an office within the ‌State Department to ⁠subsidize ⁠purchases by allied governments of American technology and streamline the procurement process. If passed, a ​fund worth $500 million would be created to help finance the program.

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