The Biden Administration has opened applications for $285 million in CHIPS Act funding for an institute to develop digital twins for the chip manufacturing industry. The investment aims to speed up silicon design and engineering while boosting national security. It’s part of a multi-billion-dollar push to establish the US as a thriving chip fabrication powerhouse, … Read more
OpenAI CEO Sam Altman and former Apple design chief Jony Ive have officially teamed up to design an AI-powered personal device and are seeking funding, reports The Information. Little is known about the AI device at this time, but it won’t look like a smartphone. Altman is a major investor in the Humane AI pin, … Read more
President Biden visits the US National Institutes of Health, which under his proposed budget would receive roughly the same amount of funding in the 2025 fiscal year as in the 2023 fiscal year.Credit: Chris Kleponis/CNP/Bloomberg via Getty US President Joe Biden today proposed modest increases in federal spending on science and innovation for the 2025 … Read more