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yesterday

AI Executives Urge Congress to Prioritize Innovation Over Regulation in Race Against China

Testimonies before the Senate Commerce Committee highlight the need for U.S. infrastructure investment, regulatory flexibility, and caution in engaging with China.

Michael Intrator, co-founder and chief executive officer, CoreWeave, testifies before a Senate Committee on Commerce, Science, and Transportation hearing, Thursday, May 8, 2025, in Washington. (AP Photo/Kevin Wolf)
Sam Altman, co-founder and chief executive officer, OpenAI, listens to testimony during a Senate Committee on Commerce, Science, and Transportation hearing, Thursday, May 8, 2025, in Washington. (AP Photo/Kevin Wolf)
Brad Smith, vice chair and president, Microsoft Corporation, testifies before a Senate Committee on Commerce, Science, and Transportation hearing, Thursday, May 8, 2025, in Washington. (AP Photo/Kevin Wolf)

Overview

  • Top executives from OpenAI, Microsoft, and AMD testified before the Senate Commerce Committee, emphasizing the importance of U.S. leadership in AI innovation to counter China's advancements.
  • OpenAI CEO Sam Altman advocated for significant investments in domestic AI infrastructure, including the $500 billion Stargate Project, to bolster U.S. competitiveness and job creation.
  • Senator Ted Cruz and industry leaders criticized European-style regulations, arguing that reducing regulatory barriers is essential for maintaining U.S. dominance in AI development.
  • Microsoft's ongoing operations in China, including its Beijing and Shanghai research labs, sparked scrutiny over potential national security risks and intellectual property concerns.
  • Executives debated the balance between export controls for national security and ensuring U.S. technology remains globally competitive, with AMD's Lisa Su stressing the economic benefits of widespread AI adoption.