WASHINGTON, July 14 -- Sen. Jim Banks issued the following press release:
Senator Jim Banks (R-Ind.) secured the inclusion of his AI OVERWATCH Act in the Fiscal Year 2027 National Defense Authorization Act (NDAA), ensuring that the chips powering the next generation of artificial intelligence strengthen American innovation and national security.
The AI OVERWATCH Act codifies President Trump's restrictions on exports of the most advanced AI Chips to foreign adversaries.
Sen. Jim Banks (R-Ind.): "We are in an AI race with the Chinese Communist Party that's powered by the advanced chips, and the winner will determine the future of global military superiority. I'm leading the AI OVERWATCH Act to reinforce President Trump's policy and ensure ...