IBM CEO urges the Trump administration to increase — not cut — federal AI R&D funding
techcrunch.comPublished: 5/6/2025
Summary
IBM CEO Arvind Krishna calls for increased federal funding for AI and related technologies, amid sharp cuts to U.S. scientific research programs proposed by President Trump and his administration. The White House has drastically reduced funding for key AI and semiconductor projects, threatening to undermine the U.S.'s global leadership in these fields, while tech industry groups warn that the cuts could severely impact innovation and competitiveness. Krishna, a vocal advocate for investing in R&D, remains confident that federal support is critical for long-term growth and innovation, even as IBM faces $100 million in lost contract payments due to the proposed budget cuts.