01/23/2025 | Press release | Distributed by Public on 01/23/2025 14:31
(Washington, D.C.) - House Science, Space, and Technology Committee Chairman Brian Babin released the following statement regarding President Trump's announcement of private sector investments of up to $500 billion in America's artificial intelligence infrastructure.
"As AI innovation rapidly progresses across the globe, it is essential for the United States to solidify its position at the forefront," said Chairman Babin. "President Trump's announcement represents a significant step in the right direction, unleashing the talent and resources of our private industry right here at home. As we have seen over the past four years, overregulation and the threat of overregulation by the federal government only slows progress. This support from the Administration highlights the importance of fostering strong partnerships between the government and private industry, enabling a collaborative environment where innovation can thrive. I am confident these critical investments by the private sector will advance progress and help us maintain our status as the world leader in artificial intelligence without falling behind."<_u53a_p>
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