The legislation, sponsored by Democrat Jeanne Shaheen of New Hampshire and Republican Pete Ricketts of Nebraska, would create an office within the State Department to subsidize purchases by allied governments of American technology and streamline the procurement process. If passed, a fund worth $500 million would be created to help finance the program.
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According to a copy obtained by Reuters, Republican and Democratic senators will unveil a bill tomorrow aimed at curbing the sale of Chinese artificial intelligence (AI) tools overseas.