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4h ago

AI Leaders Urge U.S. Investment to Stay Ahead of China in Senate Hearing

Executives from OpenAI, Microsoft, AMD, and CoreWeave advocate for light-touch regulation, infrastructure expansion, and balanced export controls.

Semiconductor chips are seen on a circuit board of a computer on February 25, 2022.
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)

Overview

  • During a Senate Commerce Committee hearing, AI executives emphasized the need for robust U.S. investment in chips, energy, data centers, and workforce development to maintain global leadership.
  • OpenAI CEO Sam Altman highlighted the importance of innovation-driven policies and announced plans for AI tools capable of complex tasks by 2025, while stressing the need for safety measures.
  • Microsoft confirmed its ongoing research operations in China, raising concerns about balancing collaboration with national security interests.
  • Sen. Ted Cruz and industry leaders advocated for minimal regulation to foster innovation, contrasting with calls for stricter oversight from some lawmakers.
  • Witnesses warned that overly strict export controls on AI chips could harm U.S. companies and strengthen China's AI market dominance.