Billionaires Fund New AI Labs, Filling Federal Research Gap
Update: 2025-12-10
Description
Silicon Valley tech titans like Sam Altman, Mark Zuckerberg, and Jeff Bezos are reviving legendary corporate research labs, investing in modern versions like Episteme and Periodic Labs. These labs, focusing on AI, aim to replicate the success of Bell Labs. Meanwhile, the White House announces the Genesis Mission, but federal science funding is declining, potentially cutting NSF funding by half. This shift has led to a void filled by billionaire-backed labs, highlighting a policy failure in federal research, especially with AI as a key driver.
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