Economic news
Republican lawmakers deeply concerned over Microsoft-G42 AI deal, letter says
2024.07.11 11:17
WASHINGTON (Reuters) – Republican lawmakers are seeking an intelligence briefing from the Biden administration on Microsoft (NASDAQ:)’s $1.5 billion investment in UAE-based artificial intelligence firm G42, citing deep concerns over the transfer of sensitive technology and the lack of rules or congressional oversight regarding the agreement.
In a letter to White House National Security Advisor Jake Sullivan dated July 10, Congressman Michael McCaul, who chairs the House foreign Affairs Committee, and John Moolenaar, who leads the Select Committee on China, asked for the briefing before the deal can enter a second phase.
