Biden Announces $3 Billion AI and Data Center Investment

President Joe Biden announced a $3 billion investment in artificial intelligence (AI) and data center infrastructure during a speech at the White House. The investment aims to advance AI capabilities and establish the United States as a global leader in the field. Biden emphasized the importance of AI in driving economic growth, creating jobs, and addressing societal challenges. The funding will support research and development in AI, as well as the construction of new data centers to handle the massive computational demands of AI systems. Biden highlighted the potential of AI to revolutionize industries like healthcare, transportation, and energy, while also acknowledging the need for responsible development and ethical guidelines. The investment is part of a broader strategy to maintain American competitiveness in emerging technologies and ensure the country remains at the forefront of innovation. Biden called for collaboration between the public and private sectors, as well as international cooperation, to harness the full potential of AI for the benefit of society.

Source: https://abcnews.go.com/Technology/video/biden-announces-3-billion-ai-data-center-investment-110046081