WASHINGTONLegislation with bipartisan support in Congress would expand the role of the National Science Foundation and provide up to $200 billion in tech and related research funding to meet what backers say is a growing threat from China.<\/p>\n
The centerpiece of the package is a bill that would rename the federal governments science agency as the National Science and Technology Foundation, and authorize it to spend $100 billion over five years for research into artificial intelligence and machine learning, robotics, high-performance computing and other advanced technologies.<\/p>\n
An additional $10 billion would be authorized for the Commerce Department to designate at least 10 regional technology hubs for research, development and manufacturing of key technologies.<\/p>\n
Additional funding would likely be made available for domestic semiconductor manufacturing and other tech-related supply-chain proposals.<\/p>\n
The Endless Frontier Act got a hearing before the Senate Commerce Committee on Wednesday, drawing support from Republicans and Democrats.<\/p>\n
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China Rivalry Spurs Republicans and Democrats to Align on Tech Spending - The Wall Street Journal<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" WASHINGTONLegislation with bipartisan support in Congress would expand the role of the National Science Foundation and provide up to $200 billion in tech and related research funding to meet what backers say is a growing threat from China. The centerpiece of the package is a bill that would rename the federal governments science agency as the National Science and Technology Foundation, and authorize it to spend $100 billion over five years for research into artificial intelligence and machine learning, robotics, high-performance computing and other advanced technologies. Continue reading