News Report Technology
May 04, 2023

The U.S. Administration Unveils Plans to Spend $140M on AI Research; White House to Meet Big Tech CEOs to Discuss Risks of AI

In Brief

The National Foundation will spend $140 million on AI research and development.

The funds will be used to launch seven new AI research centers.

Vice President Kamala Harris and administration officials will meet Google’s Sundar Pichai, Microsoft’s Satya Nadella, OpenAI’s Sam Altman and Anthropic’s Dario Amodei to discuss the risks of AI.

The U.S. Administration Unveils Plans to Spend $140M on AI Research; White House to Meet Big Tech CEOs to Discuss Risks of AI

The White House has unveiled today plans to address AI-related risks and opportunities as Vice President Kamala Harris prepares for a meeting with four big tech CEOs to discuss safeguards that can mitigate the risks of using artificial intelligence.

In a series of announcements, the Biden-Harris administration said that The National Science Foundation would pour $140 million in funding to launch seven new National AI Research Institutes. According to the administration, these new Institutes will use AI R&D in critical areas, including climate, agriculture, energy, public health, education, and cybersecurity.

Several leading AI developers, including Anthropic, Google, Hugging Face, Microsoft, NVIDIA, OpenAI, and Stability AI, have pledged to participate in public evaluations of existing generative AI systems at the AI Village at DEFCON 31, per the administration’s announcement. The assessment will involve thousands of community partners and AI experts in exploring how these models align with the principles and practices outlined in the Biden-Harris Administration’s Blueprint for an AI Bill of Rights and AI Risk Management Framework.

“This independent exercise will provide critical information to researchers and the public about the impacts of these models and will enable AI companies and developers to take steps to fix issues found in those models,” the administration stated in a press release.

The Office of Management and Budget (OMB) will be releasing draft policy guidance on the use of AI systems by the U.S. government, which will be open for public comment. This guidance will establish specific policies for federal departments and agencies to follow in order to ensure their development, procurement, and use of AI systems centers on safeguarding the American people’s rights and safety.

For today’s meeting, The White House has invited Google’s Sundar Pichai, Microsoft’s Satya Nadella, OpenAI’s Sam Altman, and Anthropic’s Dario Amodei. Vice President Kamala Harris, along with administration participants Commerce Secretary Gina Raimondo, Chief of Staff Jeff Zients, Deputy Chief of Staff Bruce Reed, National Security Advisor Jake Sullivan, Domestic Policy Advisor Susan Rice, National Economic Council Director Lael Brainard, White House Counsel Stuart Delery and White House Office of Science and Technology Policy Director Arati Prabhakar will be present at the meeting. 

“We aim to have a frank discussion of the risks we each see in current and near-term AI development, actions to mitigate those risks, and other ways we can work together to ensure the American people benefit from advances in AI while being protected from its harms,”

Prabhakar said in the meeting invitation obtained by Nextgov.

The administration’s latest announcements are part of its effort to develop policies around AI, which has become a hot topic. Last October, the Office of Science and Technology Policy released the AI Bill of Rights. In January, the National Institute of Standards and Technology published the AI Risk Management Framework.

Read more:

Tags:

Disclaimer

In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.

About The Author

Cindy is a journalist at Metaverse Post, covering topics related to web3, NFT, metaverse and AI, with a focus on interviews with Web3 industry players. She has spoken to over 30 C-level execs and counting, bringing their valuable insights to readers. Originally from Singapore, Cindy is now based in Tbilisi, Georgia. She holds a Bachelor's degree in Communications & Media Studies from the University of South Australia and has a decade of experience in journalism and writing. Get in touch with her via cindy@mpost.io with press pitches, announcements and interview opportunities.

More articles
Cindy Tan
Cindy Tan

Cindy is a journalist at Metaverse Post, covering topics related to web3, NFT, metaverse and AI, with a focus on interviews with Web3 industry players. She has spoken to over 30 C-level execs and counting, bringing their valuable insights to readers. Originally from Singapore, Cindy is now based in Tbilisi, Georgia. She holds a Bachelor's degree in Communications & Media Studies from the University of South Australia and has a decade of experience in journalism and writing. Get in touch with her via cindy@mpost.io with press pitches, announcements and interview opportunities.

Hot Stories

Top Investment Projects of the Week 25-29.03

by Viktoriia Palchik
March 29, 2024
Join Our Newsletter.
Latest News

Custom HTML

by Valentin Zamarin
August 08, 2024

Top Investment Projects of the Week 25-29.03

by Viktoriia Palchik
March 29, 2024

Supply and Demand Zones

Cryptocurrency, like any other currency, is a financial instrument based on the fundamental economic principles of supply ...

Know More

Top 10 Crypto Wallets in 2024

With the current fast-growing crypto market, the significance of reliable and secure wallet solutions cannot be emphasized ...

Know More
Read More
Read more
Custom HTML
News Report
Custom HTML
August 8, 2024
Modular Blockchain Sophon Raises $10M Funding from Paper Ventures and Maven11 Amid Veil of Mystery
Business News Report
Modular Blockchain Sophon Raises $10M Funding from Paper Ventures and Maven11 Amid Veil of Mystery
March 29, 2024
Arbitrum Foundation Announces Third Phase Of Grants Program, Opens Applications From April 15th
News Report Technology
Arbitrum Foundation Announces Third Phase Of Grants Program, Opens Applications From April 15th
March 29, 2024
Top Investment Projects of the Week 25-29.03
Digest Technology
Top Investment Projects of the Week 25-29.03
March 29, 2024