I said the same thing on a different post and people downvoted it. The current administration believes that the US can't fall behind China in this AI arms race. So don't expect anything too drastic to happen to the large players in the game.
Maybe, but a clear Republican bailout of AI might wipe them out for several election cycles / foreseeable future. Big tech isn’t popular, AI isn’t popular and bail outs aren’t popular
China made the us fall in kinda the same trap that the us madeade ussr fall into with the moon race.