Commerce Department starts process to fund tech hubs across the US with $500 million in grants

Photo caption: Commerce Secretary Gina Raimondo listens during a meeting with President Joe Biden’s “Investing in America Cabinet,” in the Roosevelt Room of the White House, […] Photo credit: AP Photo / Evan Vucci, File. Article by Josh Boak. TechXplore – May 12, 2023.

The Commerce Department on Friday is launching the application process for cities to receive a total of $500 million in grants to become technology hubs. The $500 million is part of a $10 billion authorization from last year’s CHIPS and Science Act to stimulate investments in new technologies such as artificial intelligence, quantum computing and biotech. […]

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