Trying to Win Back Big Tech: Joe Biden Gives $504 Million to Tech Investment Hubs Across United States

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Source of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.

President Joe Biden’s administration is reportedly giving $504 million in funding to twelve technology hubs in an effort to expand research in AI, semiconductor manufacturing, and clean energy.

Florida researchers focusing on sustainable and climate-resilient infrastructure will reportedly receive $19 million, while a New York hub working on semiconductor manufacturing will be given $40 million. A Nevada recipient focused on lithium batteries and electric-vehicle materials, meanwhile, will reportedly be granted $21 million.

The grants, announced on Tuesday, are reportedly part of Biden’s Chips Inflation Reduction Act and CHIPS & Science Act Resources.

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