US commission proposes ‘Manhattan Project-like’ initiative for AI – Computerworld

The US has already taken steps to limit China’s access to critical technologies. On Monday, the Treasury Department finalized a rule restricting US investments in Chinese AI, quantum computing, and semiconductor sectors — a move building on President Joe Biden’s executive order last year aimed at curbing the export of technologies that could bolster China’s military and intelligence capabilities.

Tuesday’s report also detailed tensions between the two nations over issues such as sanctions on Chinese officials, restrictions on semiconductor imports, and national security concerns surrounding the Chinese-owned social media platform TikTok.

“Despite a bilateral agreement reached in late 2023 to pursue limited cooperation on military communication, climate change, countering fentanyl and other drugs, artificial intelligence (AI), and people-to-people ties, China has continued its efforts to counter or weaken US policies without changing its own behavior,” the report observed.