South Korean President Lee ​Jae Myung will visit San Francisco, Brazil, Chile, ‌Argentina and Germany from July 24 to August 3, the presidential office said on Wednesday. Lee will hold separate summits with the leaders ​of Brazil, Chile and Argentina and attend an ​AI summit in San Francisco, National Security Adviser ⁠Wi Sung-lac said in a press briefing. The presidential office ​said Lee is also scheduled to meet Nvidia CEO Jensen ​Huang, OpenAI CEO Sam Altman and Anthropi

The U.S. will spend $5 billion to tackle long-standing scientific problems across multiple fields using AI, the Trump administration said in a statement on ​Wednesday. The agencies will use the funding to identify the root causes of ‌chronic diseases, accelerate drug discovery and develop longer-lasting building materials, among other tasks, according to the statement. Learn More

The U.S. Senate Commerce Committee approved ​legislation to toughen a ‌U.S. government ban on Chinese automakers entering the ​American market that ​could potentially bar Mercedes-Benz from ⁠selling vehicles in ​the United States. Senator Ted ​Cruz, the chair of the committee, warned that without changes, ​the bill's provision ​that would ban companies with ‌more ⁠than 15% ownership of Chinese entities would bar Mercedes-Benz from selling ​vehicles in ​the ⁠United States bec