Biden names technology hubs for 32 states and Puerto Rico to help the industry and create jobs

FILE - President Joe Biden looks on as Commerce Secretary Gina Raimondo speaks on the South Lawn of the White House, Aug. 9, 2022, in Washington. The Biden administration is designating 31 “tech hubs” in 32 states and Puerto Rico to help spur innovation and create jobs in the specific industries that are concentrated in these areas.

“I have to say, in my entire career in public service, I have never seen as much interest in any initiative than this one," Raimondo told reporters during a Sunday conference call to preview the announcement. Her department received 400 applications, she said. The tech hubs are the result of a process Raimondo's department launched in May to distribute a total of $500 million in grants to cities.to stimulate investments in new technologies such as artificial intelligence, quantum computing and biotech. It's an attempt to expand tech investment that is largely concentrated around a few U.S. cities — Austin, Texas; Boston; New York; San Francisco; and Seattle — to the rest of the country.

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Joe Biden is naming 'tech hubs' for 32 states, Puerto Rico to help industry, create jobsThe Biden administration is designating 31 'tech hubs ' touching 32 states and Puerto Rico to help spur innovation and create jobs in the specific industries that are concentrated in these areas.
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President Joe Biden is naming 'tech hubs' for 32 states, Puerto Rico to help industry, create jobsThe Biden administration is designating 31 so-called tech hubs that reach 32 states and Puerto Rico. The hubs are designed to help spur innovation in specific industries that are concentrated in these areas and to create jobs. President Joe Biden was scheduled to announce the hubs on Monday at the White House.
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