PYMNTS.com May 15, 2024
A bipartisan Senate group wants the government to spend at least $32 billion on AI.
That funding, the senators said in a report issued Wednesday (May 15), would be spread over a three-year period and help develop artificial intelligence (AI) and create safeguards around the fast-growing technology.
Speaking to the Associated Press (AP), the four senators — two Democrats, two Republicans — stressed the need to come to a consensus around AI as other countries are investing heavily in the technology and products like ChatGPT are booming in popularity.
Sen. Todd Young (R-Ind.) said it was the development of that model that made the panel recognize that “we’re going to have to figure out collectively as an institution” how to...
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