Some of these officials have been placed with the goal of focusing on AI and clean energy — two areas where Schmidt has investments.
Eric Schmidt, a former Google CEO who has also advised the United States (US) Congress and the White House, has helped to pay the salaries of more than 24 Biden administration officials via donations from his research and investment firm, Schmidt Futures, to the nonprofit research and advocacy organization, the Federation of American Scientists (FAS).
Schmidt Futures and other organizations help to pay the salaries of these officials by providing funding to a “Talent Hub” which is part of a FAS “Day One Project.” This Day One Project runs a FAS “Impact Fellowship” program that places “Impact Fellows” in influential government posts.
Not only has Schmidt Futures contributed to FAS but Schmidt has considerable ties to top FAS leadership and one of the Impact Fellows who was placed in a federal government role was also listed as an adviser to Schmidt Futures.
Additionally, some of the Impact Fellows are placed in federal departments to focus on areas such as clean energy and artificial intelligence (AI) — fields that Schmidt and the ventures he supports have significant investments in.
For example, FAS’s 2021 Annual Report states that some Impact Fellows were “deployed at or being recruited to enter” the Department of Energy “to support the Undersecretary for Science’s office in driving critical market-based efforts to spur a clean energy revolution” and US Citizenship and Immigration Services “to focus on the intersection of immigration policy & artificial intelligence in advancing the nation’s national security and economic growth.”
Schmidt and the ventures he supports have investments in the clean energy companies WattBuy (an energy marketplace) and Amprius (a high-energy battery company) and the AI company Rebellion Defense (which builds mission-focused AI for national defense and security).
And some of these Schmidt-backed companies have ties to the federal government departments where Impact Fellows have been placed. For example, WattBuy has partnered with the Department of Energy’s National Renewable Energy Laboratory and Amprius has received a funding grant from the Department of Energy….