A bipartisan group of U.S. senators has introduced legislation to safeguard the U.S. from American investments in Chinese militarized industries, including artificial intelligence.
Sen. Elissa Slotkin, D-Mich., said the legislation is critical to protecting American interests. The Foreign Investment Guardrails to Help Thwart (FIGHT) China Act is designed to prohibit U.S.-based financial stakes in “certain” AI models. The bill also blocks American investments in Chinese quantum computers and military systems, including hypersonic missiles and vehicles that can travel over five times the speed of sound, or Mach 5.
Slotkin said the need to buffer American investments in technology that can be used against us is common sense. “This legislation cuts off U.S. investments into certain industries and technologies controlled by the Chinese Communist Party (CCP) and allows us to hit bad actors with tough sanctions. We must protect American innovation and keep our national security strong.”
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