#GENIUSActPass

The GENIUS Act is an acronym for: "Growth and Opportunities through Networks and Universal Science", and it is an American law passed in the U.S. Senate in June 2025, aimed at promoting innovation and artificial intelligence in the United States.

Simplified Explanation:

The GENIUS Act focuses on developing artificial intelligence technologies and scientific innovation through funding scientific research, supporting startups, and ensuring that the United States remains at the forefront of countries in this field.

Key Provisions of the Law:

Funding for research in artificial intelligence and advanced technologies.

Supporting education in the fields of Science, Technology, Engineering, and Mathematics (STEM).

Protecting national security by regulating the use of artificial intelligence.

Enhancing collaboration between the public and private sectors.

Providing tax incentives for companies that invest in artificial intelligence.

Main Goal:

Competing with China and other countries in the field of artificial intelligence and modern technologies, and ensuring the United States maintains control over the future of these sensitive fields.