Bipartisan Senate bill aims to invest $100 billion in technology R&D

A group of bipartisan, bicameral politicians have drafted a bill that would "dramatically" increase investment in tech research and development. The Endless Frontiers Act would commit $100 billion over five years toward research in artificial intelligence, high-performance computing, robotics, automation and more. Another $10 billion would go towards creating regional technology hubs across the US. Senate Democractic Leader Chuck Schumer, Senator Todd Young and Congressmen Ro Khanna and Mike Gallagher unveiled the legislation today. They say it's partly in response to the coronavirus, which they claim "magnified weakness from decades of US underinvestment in scientific research," and competition from countries like China.