Still, the company put its proposal to pump another 200 metric tons of minerals on pause. Following a government recommendation, Planetary said it would search for a source of magnesium hydroxide closer to the Cornwall site, rather than shipping it from China. It also assured locals that it wouldn’t sell carbon credits from its past chemical release.
“Does anyone truly have confidence that had DOGE been around decades ago, they would not have cut the project that created the internet as an example of wasteful, publicly funded research and development?” asked Duckworth.But despite some barbs, the hearing maintained a low-key tenor and some bipartisan joking as lawmakers and executives discussed the potential of a technology all present agreed would determine humanity’s future.
“Look, there is a race, but we need to understand what we’re racing for,” Sen. Brian Schatz, a Hawaii Democrat, told the witnesses. “It’s not just a sort of commercial race, so we can edge out our nearest competitor in the public sector or the private sector. We’re trying to win a race so that American values prevail.”Several of the executives warned against U.S. export controls that could end up pushing other countries toward China’s AI technology.“We totally understand as an industry the importance of national security,” Su said. But she added, if not able to “have our technology adopted in the rest of the world, there will be other technologies that will come to play.” Those technologies are less advanced today but will mature over time, she said.
Altman drew a direct connection between the ability of the U.S. to attract global talent and sell its products globally to national security and its international influence.“The leverage and the power the U.S. gets from having iPhones be the mobile device people most want, and Google being the search engine that people most want around the world is huge,” Altman said. “We talk maybe less about how much people want to use chips and other infrastructure developed here, but I think it’s no less important, and we should aim to have the entire U.S. stack be adopted by as much of the world as possible.”
Trade rivalry between the U.S. and China has been weighing heavily on the AI industry, including California-based chipmakers Nvidia and AMD.
The Trump administration announced in April that it would restrict sales of Nvidia’s H20 chips and AMD’s MI308 chips to China.She pointed to companies that are accused of drastically overestimating the carbon they sequestered, though they bragged of
But absent more government-funded research, several companies told AP there’s little way for the field to advance without selling credits.“Unfortunately, that’s the way we’ve set things up now, is that we put it in the hands of these startups to develop the techniques,” said Ho.
Back in his shipping container office along Halifax Harbour, Burt said he understood the unease around selling credits, and said Planetary takes seriously the need to operate openly, responsibly and cautiously. But he also says there’s a need for startups that can move at a faster pace than academia.“We cannot study this solution at the same rate that we’ve been studying the problems,” he said. He says there’s not enough time.