Biden Administration Asks Companies to Build 'Digital Twins' of AI Chips

  • 📰 Gizmodo
  • ⏱ Reading Time:
  • 25 sec. here
  • 23 min. at publisher
  • 📊 Quality Score:
  • News: 86%
  • Publisher: 51%

Biden News

Semiconductor Devices,Semiconductor Industry,Business

The Biden administration is allocating $285 million in CHIPS Act funding for companies that can develop the technology

The Biden administration is looking for proposals from companies that can establish and operate an institution that will develop “digital twins” of semiconductors, with the opportunity to receive up to $285 million in funding.

“Digital twin technology can help to spark innovation in research, development, and manufacturing of semiconductors across the country — but only if we invest in America’s understanding and ability of this new technology,” Secretary of Commerce Gina Raimondo said in a statement, adding that the new institute “will not only help to make America a leader in developing this new technology for the semiconductor industry, it will also help train the next generation of American workers and...

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 556. in AU
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Biden Administration Raises Costs for Oil and Gas Companies on Public LandsThe Biden administration has finalized a rule that will increase costs for oil and gas companies to drill on public lands. The rule raises royalty rates and bond requirements, despite rising energy prices and inflation.
Source: FoxBusiness - 🏆 458. / 53 Read more »

Biden administration’s new rule: Oil, gas companies must pay more to drill on public landsThe new rule does not prohibit new oil and gas leasing on public lands, as many environmental groups have urged. But officials say it would lead to a process that provides a better return to taxpay…
Source: mercnews - 🏆 88. / 68 Read more »

Biden Administration Implements New Rule Increasing Costs for Oil and Gas Companies on Federal LandsOil and gas companies will face a significant increase in costs to drill on federal lands under a new rule implemented by the Biden administration. The rule aims to generate more revenue for taxpayers and protect them from cleanup costs. This is the first comprehensive update to the federal oil and gas leasing program in over 30 years.
Source: adndotcom - 🏆 293. / 63 Read more »

India asks power companies to fire up underused plants as demand surgesAnticipating increased demand during the hot summer months, the government has issued orders to ensure sufficient power generation.
Source: trtworld - 🏆 101. / 63 Read more »