President Biden is expected to announce a new group to share defense technology with Britain and Australia on Wednesday designed to push back against the rise of China . He is due to speak at 5pm on ‘a national security initiative,’ but the White House has not released further details. The working group, known by the acronym AUUKUS, will allow the three allies to share information in technological areas such as artificial intelligence, cyber, underwater systems and long-range strike capabilities, according to Politico , citing a White House official and congressional staffer. Both characterized the plan as a move to…