Wednesday, 7 May, 2025

IBM CEO Urges Trump Administration to Boost Federal AI R&D Funding Amid Proposed Cuts

IBM CEO Arvind Krishna is advocating for increased federal investment in AI research and development, countering the Trump administration's proposed budget cuts. Krishna warns that reducing support for agencies like the National Science Foundation and the CHIPS Act could jeopardize U.S. competitiveness in AI and quantum technologies. He emphasizes that federal R&D funding is near historic lows relative to GDP, and highlights that IBM has already lost $100 million in federal contracts.