White House Plans to Boost AI, Quantum Funding by 30%
The proposal includes funding to develop AI research institutes, formed by the National Science Foundation, the Department of Agriculture and other agencies, the administration said. It also includes $25 million in funding for the Energy Department to build an early-stage quantum internet, which uses the principles of quantum mechanics to more securely transmit data. AI and quantum information science, an area of study that includes quantum-based cryptography, communication and quantum computing, are critical for economic growth and national security, said Michael Kratsios, U.S. chief technology officer. "We need to make sure we're winning and leading in the technologies of today…and also in technology that will define our future," Mr. Kratsios said. The White House's fiscal year 2021 budget proposal includes $1.5 billion for AI, up from about $1.12 billion in 2020, and $699 million for quantum information science, up from about $579 million in 2020.
Aug-14-2020, 16:00:00 GMT
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