“The Biden Administration today proposed in its $2 trillion American Jobs Plan to invest upwards of $90 billion in Federal government-directed research and development (R&D) spending in a host of technology areas including AI…”
‘On the Federal front, the plan proposes $50 billion of funding to the National Science Foundation (NSF) to create a ‘technology directorate’ that will collaborate with and build on existing Federal government research and development (R&D) programs…”
“’U.S. leadership in new technologies – from artificial intelligence to biotechnology and computing – is critical to both our future economic competitiveness and our national security,’ said the White House, which emphasized that it aims to ‘upgrade America’s research infrastructure’ to advance the goal of securing leadership in critical technologies…”
“The plan’s R&D agenda also would pump $40 billion into Federal R&D agencies including the Department of Energy (DoE). The funding would aim to upgrade research infrastructure ‘in laboratories across the country, including brick-and-mortar facilities and computing capabilities and networks,’ the White House said.
A portion of that funding would go to Historically Black College and Universities (HBCUs) and other minority-serving institutions (MSIs) and would include the creation of a new national lab focused on climate and affiliated with an HBCU.
The plan calls for a $10 billion R&D investment at HBCUs and other MSIs, and a $15 billion investment to create up to 200 ‘centers of excellence that serve as research incubators at HBCUs and other MSIs to provide graduate fellowships and other opportunities for underserved populations, including through pre-college programs,’ the White House said…” Read the full article here.
Source: Biden ‘Jobs’ Plan Targets $90 Billion to Fed-Directed Tech R&D – By John Curran, March 31, 2021. MeriTalk.