Energy
Tuesday, October 24th, 2023 2:09 pm EDT
Key Points
- Technology Hubs Designation: The White House has designated 31 technology hubs across the United States, endorsing these regions’ plans to boost their technology ecosystems and become global leaders over the next decade.
- Grant Opportunities: These technology hubs can compete for grants ranging from $40 million to $75 million each, aimed at catalyzing investment in critical technology areas. This move is authorized under the CHIPS and Science Act, signed by President Biden in 2022.
- Diverse Technological Focus: The technology hubs will focus on a wide range of technological areas, including quantum computing, artificial intelligence, clean energy, medicine, and biotechnology. These hubs are spread across 32 states and Puerto Rico and encompass areas with a tribal government, coal communities, and states with smaller populations. The goal is to promote technological strength and diversity, attracting private investment and job creation.
The White House has designated 31 technology hubs across the United States in an effort to enhance American competitiveness in the technology sector. These hubs will have the opportunity to compete for grants ranging from $40 million to $75 million each. The move is authorized under the CHIPS and Science Act, signed by President Joe Biden in August 2022, which aims to improve semiconductor manufacturing, strengthen supply chains, and invest in technology hubs across the country. These technology hubs will focus on various areas, including quantum computing, artificial intelligence, clean energy, medicine, and biotechnology, and are located in 32 states and Puerto Rico. The goal is to drive innovation, economic growth, and job creation in a diverse range of regions throughout the United States.
For the full original article on CNBC, please click here: https://www.cnbc.com/2023/10/23/white-house-announces-31-tech-hubs-to-focus-on-ai-clean-energy-and-more.html
