WASHINGTON, May 7 (Reuters) - Microsoft MSFT.O President Brad Smith on Thursday will urge U.S. lawmakers to streamline federal permitting for artificial intelligence energy needs and open more government data sets for AI training, according to written testimony seen by Reuters.
"America’s advanced economy relies on 50-year-old infrastructure that cannot meet the increasing electricity demands driven by AI, reshoring of manufacturing, and increased electrification," Smith's written testimony for the Senate Commerce Committee AI hearing says.
OpenAI CEO Sam Altman will tell the committee that "as AI systems become more capable, people will want to use them even more. Meeting that demand requires more chips, training data, energy, and supercomputers."
(Reporting by David Shepardson)
((David.Shepardson@thomsonreuters.com; 2028988324;))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.