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U.S. senators seek to block foreign adversaries from AI technology in new bill
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The U.S. Commerce Department would have more authority to shield domestic artificial intelligence technology from the supply chains of foreign adversaries in a bill introduced Tuesday by two Republican senators who've been at the center of crypto legislation in this congressional session: Tim Scott and Bill Hagerty.
Key facts
- Foreign adversaries are nations determined to be actively working against U.S. national security, currently including Russia, China, Iran and North Korea
- Earlier this month, President Donald Trump issued an executive order to promote U.S. AI innovation, noting its intent to also "protect American ingenuity and intellectual property from exploitation
- The bill would codify a position at the Commerce Department to oversee this authority, the assistant secretary of commerce for information and communications technology supply chains
- Zcash’s Tachyon upgrade aims to scale shielded payments, improve quantum readiness, and test whether its funding, security, and governance can hold
Summary
Two Republicans, the chairman of the Senate Banking Committee and the author of the GENIUS Act for stablecoins, joined to introduce a new bill meant to reduce foreign threats to U.S. AI technology. The bill would give the U.S. Commerce Department more authorities to protect the domestic industry. The U.S. The new bill would give Commerce the ability to block "transactions involving technology designed, developed, manufactured, or supplied by persons owned, controlled, or directed by foreign adversary countries.