Top U.S. tech leaders, including Microsoft, OpenAI, and AMD, are urging Congress to modernize energy infrastructure and expand access to government data to support the growing demands of artificial intelligence. In written testimony for a Senate Commerce Committee hearing on “Winning the AI Race,” Microsoft President Brad Smith emphasized that outdated infrastructure is hindering the nation’s ability to meet rising electricity needs driven by AI, reshoring, and electrification. He also advocated for opening federal data sets to boost AI training, noting that the U.S. government is a largely untapped source of high-quality data.
OpenAI CEO Sam Altman stressed the exponential growth in demand for AI, which will require massive increases in chips, data, energy, and supercomputing power. “We want to build a brain for the world and make it easy to use, with safeguards to prevent harm,” Altman stated.
CoreWeave CEO Michael Intrator highlighted the energy intensity of AI workloads, referencing a U.S. Energy Department estimate that data centers could consume up to 12% of the nation's electricity by 2028, up from 4.4% in 2023. He called for faster permitting for new power generation and transmission to meet demand.
AMD CEO Lisa Su pointed out the need to rapidly build AI data centers powered by clean, reliable energy and emphasized bringing AI to everyday devices. “AI should be as accessible and dependable as electricity,” Su said.
As AI adoption surges, industry leaders agree that federal policy must keep pace by enabling faster infrastructure development and unlocking data essential for innovation. Without these changes, they warn, the U.S. risks falling behind in the global AI race.


AstraZeneca Shares Sink After Wainua Trial Misses Key Heart Disease Goal
OpenAI Executive Fidji Simo to Step Down Amid Health Challenges Ahead of IPO
Apple Tests China's CXMT Memory Chips as DRAM Maker Gains Global Market Share
Fast Retailing Raises Full-Year Forecast After Uniqlo Owner Beats Q3 Profit Estimates
Morgan Stanley Says China’s Reusable Rocket Progress Poses Long-Term Challenge to SpaceX
UBS Starts CarTrade Tech With Buy Rating, Sees Strong Earnings Growth and ₹4,000 Target
Nvidia Tightens AI Chip Sales in Asia With Stricter Customer Approval Process
Elon Musk Says Anthropic Leads AI Race as Claude Models Challenge OpenAI
Yaskawa Electric Shares Slide as Weak Profit Overshadows Strong AI Demand
SK Hynix Shares Drop After Strong Nasdaq Debut Despite $26 Billion ADR Listing
Levi Strauss Raises 2026 Outlook After Q2 Earnings Beat, Shares Drop Despite Strong Results
SK Hynix Prices Record U.S. ADR Offering at $149 After $200 Billion Investor Demand
China 618 Smartphone Sales Drop 13% as Higher Prices Hurt Demand, Huawei Gains Market Share
Oppenheimer Sees CNH Industrial as Top 2026 Agriculture Stock Pick on Dealer Consolidation Strategy
Samsung Chairman Lee Jae-yong Expected to Meet Nvidia CEO Jensen Huang on AI and Chip Partnership
Zhipu AI Raises HK$31.37 Billion in Discounted Share Sale to Accelerate AI Growth
Stellantis Q2 Vehicle Shipments Rise 10% as North America Drives Growth 



