VentureBeat September 11, 2021
This week, the U.S. Department of Commerce announced that it’ll form a committee to advise federal agencies on AI research and developments. Called the National Artificial Intelligence Advisory Committee and supported by the National Institute of Standards and Technology and the White House’s National AI Initiative Office, it’ll focus on a range of issues related to AI, including the current state of U.S. competitiveness and how AI can enhance opportunities for different geographic regions.
The committee’s formation comes as federal spending on AI technologies ramps up during the pandemic. According to Deltek’s GovWin, identifiable federal spending on AI rose to nearly $1 billion in 2020, making it one of the fastest-growing emerging tech investment areas. While that figure fell short...
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