To keep ahead of China in the competition for emerging technology, OpenAI outlined its vision for artificial intelligence development in the United States, stating that the nation requires outside investment and supportive regulation.

With former PayPal executive David Sacks serving as its AI and crypto czar, the move comes just days before President-elect Donald Trump takes office and leads an administration generally predicted to be more pro-tech.

Sam Altman, the CEO of OpenAI, is among the executives seeking to strengthen their relationship with Trump after contributing about $1 million to his inauguration fund.

An estimated $175 billion in global funds are ready to be invested in AI projects; if the United States cannot draw this money, it will go to programs supported by China, thereby enhancing the influence of the Chinese Communist Party worldwide.

Additionally, it presented ideas for export restrictions on AI models, arguing that these should be inaccessible to hostile countries that could be more prone to abuse the technology.

The startup intends to explain its solutions during an event later this month in Washington, D.C.

After raising $6.6 billion last year, Microsoft-backed OpenAI has been trying to garner support for its ambition to become a for-profit company to secure even more cash to maintain its lead in the expensive AI race.