White House Plan To Invest 1 B$ For AI & Quantum Comp

The White House has recently announced its plans to invest $1 billion into AI and quantum computing, two very promising tech frontiers.

Last year, President Trump’s executive order on AI had presented their intention to bolster their dominance in the field. However, these orders failed to address anything on funding and other plans.

In February 2020, the Trump administration called for an investment of two billion dollars in non-defense for AI and quantum research by 2022.

The new initiative by the house will fund a series of academic and private sector R&D hubs that are linked to federal agencies. They will be working on foundational problems to pursue transformational advances on several topics such as ML, quantum computing, and computer vision.

Further details to be found here and here

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