Story perspectives
Trump redirects $200B R&D to AI, announces $5B cancer fund
7/23/2026
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Story summary
- U.S. President Donald Trump’s administration will shift $200 billion of R&D funding from universities to individual scientists and AI projects to keep pace with China.
- OSTP director Michael Kratsios said the plan will prioritize AI, robotics and nuclear energy, de-prioritizing life sciences because scientists spend half their time on paperwork.
- The administration announced a $5 billion Department of Energy Genesis Mission investment to address chronic disease and pediatric cancer.
