President Joe Biden is naming 'tech hubs' for 32 states, Puerto Rico to help industry, create jobs

  • 📰 ksatnews
  • ⏱ Reading Time:
  • 62 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 28%
  • Publisher: 53%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

The Biden administration is designating 31 so-called tech hubs that reach 32 states and Puerto Rico.

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.

“No matter where I go or who I meet with — CEOs, governors, senators, congresspeople, university presidents — everyone wants to tell me about their application and how excited they are,” said Raimondo, who planned to join Biden for the announcement. 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.

The 31 tech hubs reach Oklahoma, Rhode Island, Massachusetts, Montana, Colorado, Illinois, Indiana, Wisconsin, Virginia, New Hampshire, Missouri, Kansas, Maryland, Alabama, Pennsylvania, Delaware, New Jersey, Minnesota, Louisiana, Idaho, Wyoming, South Carolina, Georgia, Florida, New York, Nevada, Missouri, Oregon, Vermont, Ohio, Maine, Washington and Puerto Rico.

Copyright 2023 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.

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:

 /  🏆 442. in ZA
 

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

South Africa South Africa Latest News, South Africa South Africa Headlines

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

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.
Source: AP - 🏆 728. / 51 Read more »

‘Breaking Biden’ Author—Meet Jim Biden: Nightclub Owner, International Business Mogul, Joe’s BagmanSource of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.
Source: BreitbartNews - 🏆 610. / 51 Read more »