Read twice and referred to the Committee on Commerce, Science, and Transportation.
Summary
The bill directs the National Science Foundation’s director to create an AI Grand Challenges Program that offers cash prizes for research that solves defined problems in areas such as security, health, energy, and more. It applies to U.S. companies and individuals who meet eligibility rules and aims to spur innovation, including a specific cancer‑focused competition with at least $10 million per winner.
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