AI "The Next Arms Race" Threatens US National Security; Gene Munster Predicts Government to Impose Restrictions on Top AI Companies Receiving Foreign Funding.

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AI "The Next Arms Race" Threatens US National Security; Gene Munster Predicts Government to Impose Restrictions on Top AI Companies Receiving Foreign Funding. - Benzinga

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He pointed out that while the investment could be a significant opportunity for private AI companies in the U.S., it could also trigger a national security response from the government.“At the surface this looks like a juicy pool of capital for private AI companies in the US (even though the Saudi’s will be investing globally),” he said, adding, “There’s a catch: AI is the next arms race.”

Munster then highlighted the role of the Committee on Foreign Investment in the United States or CFIUS, which could potentially block the best private AI companies in the U.S.from accepting foreign investments on ...

Deepwater Asset Management‘s managing partner Gene Munster has raised a red flag over the potential impact of Saudi Arabia’s $40 billion AI investment on the U.S.market.