Bloomberg Surveillance · Friday, July 24, 2026
Senator Dave McCormick emphasizes that leading in the AI race is paramount, especially given China's history of stealing intellectual property. He stresses the need to embrace the necessary compute and energy capacity and avoid overly constraining innovators, calling it the most important technology race of our lifetimes.
“China has a tradition of stealing our elouctual property and using that to their advantage. That's why we need to continue to do all the things necessary to lead in the AI race.”
“So we need to embrace the compute capacity and the energy capacity needed to be in the lead. We need to make sure we don't overly constrain our innovators because this is really the most important technology race of our lifetimes.”