Federal Investment in Research and Innovation

President Biden’s signature CHIPS and Science Act promised the National Science Foundation a budget boost of $81 billion over five years. But so far, Congress hasn’t come through with the money. That has Sethuraman Panchanathan, the director of the NSF, persuading lawmakers to loosen the national purse strings, while in the meantime, cobbling together money from the NSF’s shrinking budget and the private sector to fund AI research projects. Steven Overly talked with "Panch" for today's episode of Politico Tech.

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