Intel, Nvidia execs say White House plan for $1B AI investment doesn't go far enough

Top U.S. tech companies were unimpressed by a plan White House officials unveiled Sept. 10 to direct $973.5 million toward government agencies' nondefense artificial intelligence research for the fiscal year ending September 2020, The Wall Street Journal reports.

At a panel event following the announcement, participants from Intel and Nvidia reportedly spoke out against the plan, which they said does not do enough to keep the U.S. competitive in the tech industry. They also criticized the government's lack of regulations around data privacy, a necessary facet of AI development and use.

"A billion dollars is certainly a great thing and certainly interesting, but it's not nearly enough," said Anthony Robbins, Nvidia's vice president for the North American public sector, per WSJ.

Jackie Medecki, director and managing attorney of the AI and healthcare policy division at Intel, echoed Mr. Robbins' claims. "We're nowhere near where we should be," she said. "I think there is a real government role, and frankly a little bit of failure here…to show examples of AI and how AI can help us."

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