
A bipartisan group of Senators proposed a new bill Tuesday that would invest $2.2 billion in artificial intelligence over the next five years through federal agency grants in an effort to match China’s push to lead the AI innovation space. Sens. Martin Heinrich (D-N.M.) and Rob Portman’s (R-Ohio) Artificial Intelligence Initiative Act is the first piece of legislation to arrive out of their new AI caucus and is focused on setting a new national AI strategy to establish ethical standards…