The White House on Wednesday will announce that federal agencies and their private sector partners are committing more than $1 billion over the next five years to establish 12 new research institutes focused on artificial intelligence and quantum information sciences. The effort is designed to ensure the U.S. remains globally competitive in AI and quantum technologies, administration officials said. “It is absolutely imperative the United States continues to lead the world in AI and quantum,” said U.S. Chief Technology Officer Michael Kratsios. The quantum institutes will focus on areas including quantum computing and networking. For instance, one of the AI institutes will work on developing AI-enabled tools that can advance the discovery and manufacturing of new bioactive compounds.

Source: Wall Street Journal August 26, 2020 09:00 UTC