Building out its previous commitment, the White House is announcing a $1 billion investment into two of tech's most promising frontiers, AI and quantum computing. Last year, the Trump administration rolled out an executive order on AI declaring its intention to bolster U.S. dominance in the field, but the order didn't address much in the way of funding its plans. 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.
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