Arvind Krishna, CEO of IBM, emphasizes the need for increased federal funding for AI research and development (R&D). In a recent interview, he firmly supported the expansion of federally funded R&D, arguing against the Trump administration's proposed budget cuts that threaten significant funding to agencies like the National Science Foundation. These cuts jeopardize the potential for the U.S. to maintain its global leadership in AI technology. Industry leaders are concerned about the implications these reductions may have on innovation and technological advancement in the country.
"We have been an extremely strong advocate - and this is both the company and me personally - on that federally funded R&D should be increased," Krishna said in an interview.
"At risk are the billions of dollars awarded to AI R&D projects by the NSF and other federal agencies, which are also facing cuts."
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