Membership is FREE!   Professional Designations for Business & Technology Professionals

Artificial IntelligenceQuantum Computing

White House Plans to Boost AI, Quantum Funding by 30%

1 Mins read

U.S. chief technology officer Michael Kratsios said AI and quantum information science are critical for economic growth and national security. PHOTO: MICHAEL BROCHSTEIN/ZUMA PRESS

The budget proposal comes amid pressure from China, which is investing heavily in emerging technologies


The Trump administration has proposed a spending increase of about 30% in the 2021 nondefense budget for artificial intelligence and quantum information science.

The proposal, released Friday, coincides with competitive pressure from China and other countries that are investing in these emerging technologies.

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. The $2.2 billion total funding proposal for 2021 represents about a 30% increase over the $1.7 billion in spending across the two technologies that was appropriated by Congress this year.

Congress must approve the budget proposal.

China is adopting AI at a…

Read The Full Article

Related posts
Artificial Intelligence

Why Your Board Needs a Plan for AI Oversight

2 Mins read
AI demands increased board fluency with technology, and attention to its risks as well as its rewards. We can safely defer the…
Artificial Intelligence

Gartner Identifies the Legal and Compliance Technologies to Focus on Post COVID-19

1 Mins read
Gartner’s New Hype Cycle for Legal and Compliance Technologies Helps General Counsel to Focus on the Most Meaningful Technology Innovations COVID-19 has…
Artificial Intelligence

Google Offers to Help Others With the Tricky Ethics of AI

2 Mins read
COMPANIES PAY CLOUD computing providers like Amazon, Microsoft, and Google big money to avoid operating their own digital infrastructure. Google’s cloud division will soon invite customers to…

Yes, I have read and live by this Code of Ethics - We are BIZTEK, located in Mississauga, Ontario. Business Certification is an important part of doing business in Canada. Join us to set new standards and professionalism to the technology sector. We will email you regarding issues that affect business and technology professionals in Canada. Contact us at or call us at 647 499 2744. You can unsubscribe at any time.