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Has Europe Already Lost the AI Arms Race?
Bloomberg Technology· 2025-06-20 12:04
The next industrial revolution isn't being powered by coal or oil. This time, the most valuable resource is artificial intelligence. And while Silicon Valley often steals the headlines, Europe certainly isn't out of the race.From London to Leyon, Munich to Milan, a new generation of AI startups is emerging. But the money and the scale is often smaller. Last year, America's AI companies secured more than seven times the funding of their European rivals, and patents related to AI in the US outnumber those fro ...
Dr. Scott Gottlieb on Trump's proposed cuts to health and science funding
CNBC Television· 2025-06-17 13:49
Well, there's a proposed cut in the president's budget for 2026 that's quite substantial. I think on the order of $17 billion, but for this year, the NIH is very far behind their spending goals. And so, they're about $2.3% billion right now behind where they would normally be if they were spending the budget that was allocated for 2025.And this is going to set up a difficult situation towards the end of the year. either NIH is going to have to spend that money out money, which means they're going to have to ...
