Washington, April 25 (IANS) US lawmakers from both parties warned that China’s alleged large-scale theft of American intellectual property poses a growing threat to national security, economic competitiveness and technological leadership, during a Senate Judiciary Committee hearing that sharply underscored rising tensions in the innovation race.Senator Thom Tillis said the economic loss from China’s intellectual property (IP) theft is estimated at “between 400 and $600 billion a year,” a…
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Washington, March 5 (IANS) President Donald Trump has unveiled a new initiative aimed at powering the rapid expansion of artificial intelligence in the United States while preventing electricity costs from rising for households, bringing together some of the world’s largest technology companies in what the White House called a “Ratepayer Protection Pledge.”Speaking at a White House roundtable with executives from major tech firms on Wednesday (local time), Trump said the agreement would al…