DoE allocates $20 Million in funding for AI Research

Artificial Intelligence News

DoE-allocates-20-Million-in-funding-for-AI-Research DoE allocates $20 Million in funding for AI ResearchThe US Department of Energy (DoE), in a recent press release statement on Wednesday, Apr. 17th 2019, announced granting $20 million in funding for innovative R&D work to explore ways to utilize emerging technologies like big data, artificial intelligence (AI), and machine learning to further improve existing knowledge and understanding, discover ways to gain key new insights, and develop application tools for better management and operation of the nations’ grids.

As per the recent statement, the DOE’s Office of Electricity has hand-picked eight different projects, that’ll receive a sum of $7 million in total, to explore the use of these emerging technologies. Furthermore, the DOE’s Office of Science, as per reports, has allocated a sum total of $13 million in funding for AI-based research, to explore ways to leverage the AI technology for scientific investigations and predictions.

“Leveraging the power of artificial intelligence will revolutionize every single aspect of our lives and help us address the complex challenges we face today, including the world’s most pressing scientific challenges and securing the power grid in our rapidly evolving environment,” stated U.S. Secretary of Energy Rick Perry. “These two sets of A.I. funding will help ensure continued advancement in the scientific fields and will strengthen the resilience of our Nation’s critical energy infrastructure.”

As per the statement, both of these Grid Resiliency and Science AI investments, highlight the Trump Administration’s efforts in prioritizing the innovative R&D work to improve America’s AI capabilities, along with breakthroughs in transformative applications of AI altogether.