Inside Trump’s budget
President Trump’s budget proposal unveiled Monday includes significant funding increases for research and development of artificial intelligence (AI) and quantum computing.
If approved, the fiscal 2021 budget would double non-defense AI spending from roughly $973 million to almost $2 billion.
It would also significantly boost quantum information science research by 50 percent compared with last year, with plans to double investment by 2022.
“Last year, the President committed to investing in the Industries of the Future,” Michael Kratsios, the White House’s chief technology officer, said in a statement.
“Now, he’s delivering on this promise with a historic doubling of AI and quantum R&D investments that will fuel American leadership in these critical technologies for years to come. In the face of intense global competition, the FY 21 Budget affirms the importance of technology leadership to America’s economic strength and national security,” Kratsios added.