China panel leaders introduce the ‘GAIN AI Act’ in the House

China panel leaders introduce the ‘GAIN AI Act’ in the House

The leaders of the House Select Committee on the Chinese Communist Party have introduced a bill crafted to ensure U.S. companies stay ahead of Chinese competitors in the queue to purchase advanced artificial intelligence chips after the Senate included it in its version of the fiscal year 2026 National Defense Authorization Act. Chair John Moolenaar (R-MI) and ranking member Raja Krishnamoorthi (D-IL) on Oct. 30 said they were introducing the “G…