US-China tech war: basic research in AI, semiconductors and biotech gets closer to US$110 billion boost in US

//US-China tech war: basic research in AI, semiconductors and biotech gets closer to US$110 billion boost in US

US-China tech war: basic research in AI, semiconductors and biotech gets closer to US$110 billion boost in US

An effort from US legislators to set up US$110 billion in funding for basic research has cleared a Senate committee as the country borrows a page from Beijing’s playbook to bolster technology research as competition between the two countries remains unabated.The Senate Committee on Commerce, Science, and Transportation voted to approve the Endless Frontier Act on Thursday, which would see billions of dollars poured into basic research – the advancement of scientific theories that underpin…

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By | 2021-05-14T15:45:10+00:00 May 14th, 2021|Headlines|Comments Off on US-China tech war: basic research in AI, semiconductors and biotech gets closer to US$110 billion boost in US