Republican South Dakota Sen. Mike Rounds spoke to Fox News Digital about the U.S.' efforts to remain the world's economic and military leader as China makes technological advances. SIMI VALLEY, CALIFORNIA – China's rampant theft of intellectual property from American institutions and industry must be thwarted as the U.S. battles to remain the world's economic and military leader – but America cannot completely decouple from the economic behemoth, Republican South Dakota Sen. Mike Rounds told Fox News Digital in an exclusive interview. The key, according to Rounds, is maintaining China as a key trade partner without giving them access to America's technology, including artificial intelligence and computer chips. "In doing so, maybe we'll restrict their ability to actually be able to have a market that they can create their own stuff with. And in using ours, they'll be our standards," Rounds told Fox News Digital in an exclusive interview from the Ronald Reagan Presidential Library during the Reagan National Economic Forum on Friday in California.

Sen. Mike Rounds, R-S.D., weighs in on whether Ukraine should be given NATO membership and President Biden's decision to send cluster bombs to Ukraine on'Your World.' EXCLUSIVE: Sen. Mike Rounds, R-S.D., told a group of tech leaders, union leaders and artificial intelligence experts on Wednesday that AI's rapid advancement has inspired calls for "a new Manhattan-like project" and how the government should regulate AI -- if at all -- is still a matter of debate. Rounds, along with Senate Majority Leader Chuck Schumer, is leading the first in a series of bipartisan AI Insight Forums designed to help lawmakers get ahead of AI as it permeates everyday life. Wednesday's session saw the attendance of Meta's Mark Zuckerberg, X owner Elon Musk, AFL-CIO union boss Elizabeth Shuler and others. "Today, we stand at the beginning of a journey of monumental change. While Artificial Intelligence has been around in various forms for years, recent advances in the most cutting-edge models have shown us just how capable the technology has become," Rounds told the closed-door meeting, according to prepared comments obtained exclusively by Fox News Digital.

Fox News anchor Julie Banderas reacts to the vice president's gaffe and CNN calling Dylan Mulvaney a man on "Jesse Watters Primetime." The Senate this week took some initial steps toward regulating the use of artificial intelligence in the government as senators from both parties indicated they would push for amendments to the annual defense policy bill that seek to put some guardrails on the rapidly advancing technology. Senate Majority Leader Chuck Schumer, D-N.Y., said he is pushing for this year's National Defense Authorization Act (NDAA) to contains a package of several amendments that includes one addressing several issues related to AI and national security. Among the measures being proposed in the AI amendment is a "bug bounty" system that would encourage white-hat hackers to help the Defense Department find vulnerabilities in the AI systems they use. This is an idea that Sen. Mike Rounds, R-S.D., has worked on for more than a year.

Republican Sen. Mike Rounds told Fox News' Jennifer Griffin Tuesday at a Ronald Reagan Presidential Foundation and Institute summit that he is angered by Russian fighter jet colliding with a U.S. drone over international waters. Republican Sen. Mike Rounds described himself as "p---ed off" following the reported collision of a Russian fighter jet with a U.S. military drone. U.S. military command alleged Tuesday that a Russian fighter jet dumped fuel on a U.S. drone over the Black Sea, clipped the drone's propeller and forced it into the water. Asked by Fox News' Jennifer Griffin for his feelings on the matter, Rounds. R-S.D., said he was "p---ed off."