(Wall Street Journal) U.S. Senate has passed a $250 billion spending on technology research and development to boost competition with China and other countries.
The $250 billion bill is a landmark win as it allows the U.S. to embark on cutting-edge technology such as artificial intelligence.
The bill also advances the idea of more responsibilities for the National Science Foundation.
The bill has been compared to previous federal actions on boosting computer networks, biosciences, and energy.
Also known as the U.S. Innovation and Competition Act, the bill still needs the approval of the White House.
Some Republicans have criticized the bill saying it is interfering a lot with the economy and is expensive.
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