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Bipartisan Senate Bill Looks To Invest $2.2 Billion In AI Over Next Five Years

Bipartisan Senate Bill Looks To Invest $2.2 Billion In AI Over Next Five Years
Sen. Martin Heinrich (D-N.M.). Official Senate photo.

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…

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