U.S. Proposal Would Double Quantum Information Science Spending by 2022

Trump admin wants funding doubled to make US an AI powerhouse

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The Trump administration wants Congress to double spending on AI R&D funding from $973 million to nearly $2 billion by 2022 and to double spending on quantum information sciences spending to $860 million within two years.

The White House on Monday will propose a big jump in U.S. government spending on artificial intelligence (AI) and quantum information sciences research and development in its 2021 budget proposal, two people briefed on the plan said.

+  Michael Kratsios, a White House adviser and U.S. chief technology officer, declined to confirm the figures but said in a statement that the budget will “ensure America continues to lead the world in critical technologies like AI and quantum. America’s economic strength and national security depend on it.”

+  The White House is also focused on boosting quantum information research as part of its effort to support future industries. Still in its infancy, quantum computing aims to operate millions of times faster than today’s advanced supercomputers using quantum mechanics.

Source:  FOX Business.  David Shepardson, Trump admin wants funding doubled to make US an AI powerhouse

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