"Biden administration announces $930M in grants to expand high-speed internet in rural areas across the US"

The US Department of Commerce has announced $930m in grants to expand internet access to every home in the country. The grants will create large-scale networks that will enable retail broadband providers to link subscribers to the internet. The funds will be used to lay 12,000 miles of new fiber through 35 states and Puerto Rico. The largest grant, of nearly $89m, was awarded to an Alaska-based telecommunications company that hopes to build a fiber network through a remote section of the state where an estimated 55% of people lack access to basic internet.