#us-china-tech-competition

#us-china-tech-competition

Eric Schmidt has been a central figure at Google for nearly two decades, serving as CEO and executive chairman of the company and of Alphabet, the conglomerate of which Google is a part, between 2001 and 2017. An active supporter of the Democratic Party, he maintained a close relationship with Barack Obama from the beginning. He is currently, among other things, CEO and investor in Relativity Space, an aerospace company.

Government officials in Hangzhou have grand ambitions to make their city in eastern China a global center for artificial intelligence-and the funds to try to make it happen. In June, they pledged $140 million to subsidize AI firms that operate in town. Not to be outdone, Shanghai promptly followed in July with its own $140 million subsidy program, and inaugurated an "AI innovation town" two months later with low-cost office space for start-ups in the sector.

I'm concerned. I'm not clear on why that is the right path for us. I want to be convinced because I keep asking the question. The argument is, as I understand itand I think Jensen [Huang]'s done a remarkable job, and I've talked to him about this a number of timesthe argument is that this will somehow slow China's capacity to develop its own capability by giving them the most advanced chips, McCormick replied, adding: I don't think that's been the experience.

The GAIN AI Act is simply an American first amendment to the NDAA defense bill,