US announces $1 billion research push for AI and quantum computing

The US government is announcing $1 billion in new funding for multidisciplinary AI and quantum computing research hubs today, according to multiple reports. A total of 12 hubs will be funded, each embedded within different agencies of the federal government. The investment is part of a slow push from the White House to fund emerging technologies. Many policy advisors have worried that America is falling behind in AI and quantum research compared to rivals like China, and warn that these technologies are instrumental not only for economic development but also national security. It's extremely difficult to make a fair comparison of US and Chinese spend on technology like AI as funding and research in this area is diffuse.