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White House Announcing $1 Billion Investment into AI & Quantum Computing

By IQT News posted 26 Aug 2020

(TechCrunch) The White House is announcing a $1 billion investment into AI and quantum computing.
The White House’s new initiative will fund a series of academic and private sector R&D hubs linked to federal agencies to work on foundational problems and “pursue transformational advances” across topics like quantum computing, machine learning, computer vision.
In a statement, U.S. CTO Michael Kratsios called the institutes “world-class hubs for accelerating American innovation and building the 21st century American workforce.”
Five new Department of Energy-linked centers focused on quantum information science will benefit from a newly announced $625 million over five years. The new DOE quantum centers will be established at Brookhaven, Argonne, Fermi, Lawrence Berkeley and Oak Ridge national labs.
In a call discussing the new initiative, U.S. Under Secretary for Science Paul Dabbar argued that quantum science could be prove even more impactful than AI for U.S. national interests.
“We have high confidence that [this]… will be just as successful as the Apollo program or the Human Genome Program,” Dabbar said.

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