"White House Unveils 31 Tech Hubs for Advancing AI, Clean Energy, and Beyond"

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Source: CNBC
"White House Unveils 31 Tech Hubs for Advancing AI, Clean Energy, and Beyond"
Photo: CNBC
TL;DR Summary

The White House has designated 31 technology hubs across the United States to boost American competitiveness in the technology sector. These hubs will have the opportunity to compete for grants ranging from $40 million to $75 million each. The designations, authorized under the CHIPS and Science Act, aim to catalyze investment in critical technologies such as quantum computing, artificial intelligence, clean energy, medicine, and biotechnology. The hubs are spread across 32 states, including areas with tribal governments, coal communities, and smaller populations, reflecting the diversity of the country. President Joe Biden is expected to discuss his economic agenda and efforts to spur investment in the US in a speech later today.

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