Today , the Biden organisation announce a massive dose of support to the tech industry — the Chief Executive named 31 “ technical school hubs ” across the U.S. and Puerto Rico in an effort to spur economic growing .
The president foretell thenewsin a White House fact bed sheet , with the funding secured through theCHIPS and Science Act signed in 2022 . Each technical school hub can receive up to $ 75 million from federal and local authorities , public and private universities , nonprofit organization , and sexual union . Biden ’s hope is that these technical school hubs will spur economical growth in their respective states , adding to his commitment toBidenomics , which aims to mature the middle category through dribble - up political economy .
“ Tech Hubs awardees were selected to constitute the full diversity of America , selected from more than 370 applications spanning 49 states and four territories , ” the White House wrote in the fact sheet . “ The Tech Hubs will bring the benefit and opportunities of scientific and technological excogitation to residential area across the body politic , with nearly three - quarters significantly benefit small and rural areas and more than three - quarters directly supporting historically underserved community . ”
Image: Drew Angerer (Getty Images)
According to the fact sheet , these technical school hub will bring out inquiry , product , and technology relating to nearly every section of the manufacture , admit AI , semiconductors , and bioengineering . In Rhode Island , for example , theOcean Tech Hubwill be studying the ways that AI and motorcar acquisition can be used in marine applications with sustenance from the Rhode Island Commerce Corporation . alike , the State University of New York at Binghamton is leading theNew Energy New York Battery Tech Hubto bolster up the neighborhood ’s battery supplying string .
The funding is the recent from Biden ’s CHIPS and Science Act , which was signed in August 2022 , and alsocommitted NASA to the International Space Station until 2030 . Biden has also champion clean energy and technical school innovation outside of the CHIPS Act , with plans unwrap originally this calendar month tofund clean hydrogen production with $ 7 billion in funding . The chair is no Quaker of Big Tech , however , as hisFTC appointment Linda Kahnhas attempted tow warfare on elephantine tech corporations like Amazon .
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