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US House of Representatives passes the COMPETE Act. The act is a package of eight bills that were introduced last year and aim to develop strategies for enhancing US competitiveness and ensuring the security of U.S. supply chains. The act includes, among others, the following sections: a study to advance AI, a study to advance IoT in manufacturing, a study to advance quantum computing, a study to advance blockchain technology, a study to advance IoT, and a study to advance IoT (also known as the SMART IoT Act). The act now heads to the Senate.
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