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Congress

Schumer Discusses Proposal To Invest $100 Billion Toward AI Over Five Years

By Matthew Beinart

Tuesday, November 5th, 2019

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Schumer Discusses Proposal To Invest $100 Billion Toward AI Over Five Years

Senate Majority Leader Chuck Schumer (D-N.Y.)

The Senate minority leader said Tuesday he has discussed legislation that would create a new office to invest $100 billion in AI research over five years and fund technology efforts in industry, at universities and several agencies, including the Pentagon. Sen. Chuck Schumer (D-N.Y.) told attendees at a National Security Commission on Artificial Intelligence (NSCAI) event on Tuesday the proposal is not “firmed up,” while noting the plan would create a new subsidiary within the National Science Foundation that would…

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