Close Menu
  • Home
  • News
  • Bitcoin
    • Bitcoin
    • Blockchain
    • Altcoin
  • Ethereum
  • Transaction
  • Tech
  • Interview
  • Exchange
  • All Posts
What's Hot

MacroHard Coin Hits CoinMarketCap: Meme-Driven Token Goes Official

Aug. 26, 2025

A16Z Invests $55M in LayerZero, Causing a 10% Increase in Native Token ZRO

Apr. 18, 2025

Arizona’s Cryptocurrency Reserve Bill Approaches Final Approval Following House Passage

Apr. 18, 2025
Facebook X (Twitter) Instagram
Gold Web Nexus
  • Home
  • News
  • Bitcoin
    • Bitcoin
    • Blockchain
    • Altcoin
  • Ethereum
  • Transaction
  • Tech
  • Interview
  • Exchange
  • All Posts
Facebook X (Twitter) Instagram
Gold Web Nexus
Home » American Senators Introduce 32 Billion Investment Proposal to Enhance AI and Technology Expansion
Tech

American Senators Introduce 32 Billion Investment Proposal to Enhance AI and Technology Expansion

By adminMay. 16, 2024No Comments2 Mins Read
Facebook Twitter Pinterest Reddit LinkedIn Tumblr Email
American Senators Introduce 32 Billion Investment Proposal to Enhance AI and Technology Expansion
American Senators Introduce 32 Billion Investment Proposal to Enhance AI and Technology Expansion
Share
Facebook Twitter Pinterest Reddit Email

US Senators have put forth a groundbreaking proposal aiming to invest $32 billion in boosting the growth of artificial intelligence (AI) and technology in the nation. Led by Majority Leader Chuck Schumer, a bipartisan group of four senators is urging Congress to take bold steps to secure American leadership in the AI sector.

Their proposed investment plan, outlined in a 31-page document titled “Driving U.S. Innovation in Artificial Intelligence,” emphasizes the importance of proactive measures to harness the opportunities and address the risks associated with AI technology. The senators are particularly focused on non-defense applications of AI, while also considering funding for defense-related projects.

In addition to funding, the senators are advocating for cross-government AI research and development initiatives, including efforts to ensure AI-ready data and government infrastructure for testing and evaluation of AI technologies. Schumer emphasized the need for the US to invest in AI to stay competitive with countries like China, which has allocated significant funds for AI development.

The senators’ proposal is seen as a crucial step in addressing concerns about China’s advancements in AI and potential malicious use of the technology for purposes like election interference and cyberattacks. To further safeguard against such threats, the lawmakers are recommending the creation of a federal data privacy law and legislation to prevent the use of deepfake technology in election campaigns.

Senator Amy Klobuchar expressed support for the proposed framework, especially in the field of journalism where copyright infringement has been a significant issue. Meanwhile, the Senate Rules Committee has advanced three bills aimed at combating AI’s threat to elections, including measures to prevent deceptive AI practices related to federal candidates and require AI disclosures in political ads.

Recent incidents, such as a robocall impersonating President Joe Biden and the use of AI-generated images in political campaigns, have underscored the urgent need for regulations to protect democratic processes from AI-based deception. The EU has also taken steps to address AI risks in elections, passing the AI Regulation Act and scrutinizing Big Tech companies for their role in allowing deceptive content creation.

As the US continues to navigate the challenges posed by AI technology, the proposed investment plan and legislative measures signal a concerted effort to ensure the responsible development and use of AI in the country.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Reddit Email
Previous ArticleCrypto Experts Flock to New Solana Project – Could it be the Next 100x Meme Coin?
Next Article Seasoned Shiba Inu Backers Shift Investments to Emerging Token, Eyeing Potential 987% Gains

Related Posts

Boston Consulting Group Declares RWA Tokenization as the Asset Management Industrys Third Revolution

Oct. 30, 2024

BlackRocks IBIT Dominates as Bitcoin Spot ETFs Witness Unprecedented 870M Inflow

Oct. 30, 2024

Visa Empowers Qualified Debit Card Holders with Immediate Funding for Coinbase Accounts

Oct. 30, 2024

DeFi Exchange dYdX Joins Consensys in Massive Layoff Initiative Slashes Workforce by 35

Oct. 30, 2024

OKX Partners with Standard Chartered to Offer ThirdParty Crypto Custody Services for Institutional Investors

Oct. 30, 2024

Whales Flock to Doge2014 for Generous Bonuses Rewards and Airdrop ahead of Major Burn

Oct. 30, 2024
Add A Comment
Leave A Reply Cancel Reply

Editors Picks

MacroHard Coin Hits CoinMarketCap: Meme-Driven Token Goes Official

Aug. 26, 2025

A16Z Invests $55M in LayerZero, Causing a 10% Increase in Native Token ZRO

Apr. 18, 2025

Arizona’s Cryptocurrency Reserve Bill Approaches Final Approval Following House Passage

Apr. 18, 2025

US SEC Announces Panelists for Upcoming Crypto Custody Roundtable Next Week

Apr. 17, 2025
Website Introduction
Website Introduction

Gold Web Nexus is your premier source for insights into the realm of Web3 and blockchain cryptocurrencies. We are dedicated to delivering the latest industry updates, exclusive reports, and expert analyses to help you stay abreast of the rapidly evolving digital economy.

Our Picks

MacroHard Coin Hits CoinMarketCap: Meme-Driven Token Goes Official

Aug. 26, 2025

A16Z Invests $55M in LayerZero, Causing a 10% Increase in Native Token ZRO

Apr. 18, 2025

Arizona’s Cryptocurrency Reserve Bill Approaches Final Approval Following House Passage

Apr. 18, 2025
Random Article

Cartier Jewelry Heir Arrested for Engaging in Cryptocurrency Money Laundering

May. 6, 2024

Grant Cardone the Controversial US Businessman Puts 42M Mansion on Propy for Sale

Jul. 4, 2024

Can DeFi Platforms Bridge the Security Gap with CeFi as Losses Exceed $336 Million in Q1?

Apr. 30, 2024
Facebook X (Twitter) Instagram Pinterest
  • Blockchain
  • Ethereum
  • Tech
  • Altcoin
  • Bitcoin
  • Exchange
  • Exclusive Interview
  • News
  • Transaction
© 2025 Gold Web Nexus All rights reserved.

Type above and press Enter to search. Press Esc to cancel.