Bitcoin

The White House's call for a 'shakeup' in funding suggests a shift from traditional grant structures toward more agile, possibly private-sector partnerships. This could accelerate AI development but also increase regulatory scrutiny, which historically weighs on high-risk assets like crypto. For the broader market, it's a reminder that AI remains a government priority, potentially diverting capital from other sectors, including crypto, if investors rotate into AI equities.

White House announces AI funding and signals a new era for US science, with the chief science adviser calling for a shakeup in funding while handing out grants to accelerate AI research.