China fumes as Biden plots to starve it of AI investment: 'Sci-tech bullying'

FOX News 

Fox News contributor Joe Concha joins "Fox & Friends First" to discuss Elon Musk's warning that artificial intelligence could threaten elections and his concerns on the declining birth rate. China is outraged at the Biden administration's plan to steer investment in artificial intelligence away from China and toward other countries, warning that it may take steps to counteract what it calls U.S. "bullying" in the tech sector. The administration for months has hinted that it is developing an executive order aimed at keeping AI and other technology-related investments, such as semiconductors and quantum computing, out of China in order to help the U.S. maintain its competitive edge. Several reports say the administration may be looking to launch the initiative at a mid-May meeting of the Group of Seven nations in Japan. But in a briefing last week, a spokesperson for China's Ministry of Foreign Affairs said China is "firmly opposed" to this idea and accused the U.S. of pursuing "selfish interests" using "economic coercion."

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