The Trump administration has announced over $6 billion in science initiatives, including a $215 million quantum computing competition and $2.4 billion in AI industry commitments. The Department of Energy identified eight scientific applications to guide its Quantum Genesis Q Competition, which will offer up to $215 million in planned funding to companies developing fault-tolerant quantum computers. Eleven technology companies, including Nvidia, AMD, OpenAI, Anthropic and Google, pledged $2.4 billion in AI tools and compute credits to support research at 15 federal agencies. Advances in fault-tolerant quantum computing could undermine cryptographic systems securing blockchains and financial transactions.
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