White House unveils 31 U.S. tech hubs to boost industry

Digital Trends may earn a commission when you buy through links on our site. Why trust us?

Trevor Mogg

October 23, 2023 11:20PM

In a move designed to boost U.S. competitiveness and innovation in the tech sector, the White House on Monday designated 31 tech hubs located across the country.

The Tech Hubs program was authorized by the CHIPS and Science Act, signed by President Biden last year, and is part of the president’s “Bidenomics” agenda aimed at growing the economy from the middle out and bottom up, the White House said.

The hubs span 31 states and will focus on developing and growing innovative industries linked to semiconductors, clean energy, critical minerals, biotechnology, precision medicine, artificial intelligence, and quantum computing, among others.

The initiative paves the way for a range of interested bodies to compete for up to $75 million in grants for investments in innovation, supply chain resilience, and job creation.

One of the designated tech hubs is Baltimore City, selected from a pool of 400 applicants, CBS News reported.

Baltimore’s consortium comprises businesses, colleges, universities, and local governments. Its plan is to use AI and biotechnology to improve health outcomes through the development of new medicines and therapies.

Latoya Staten, director of Impact at Fearless, a company that helped design Baltimore’s bid, told CBS News that the tech hub designation was “exciting news” and “is going to be able to bring lots of economic impact and jobs.”

Announcing the initiative on Monday, the White House said: “For too long, economic growth and opportunity has clustered in a few cities on the coasts,” adding that the hubs will bring the “benefits and opportunities of scientific and technological innovation to communities across the country, with nearly three-quarters significantly benefitting small and rural areas and more than three-quarters directly supporting historically underserved communities.”

Editors’ Recommendations

Jeep is launching its first two electric SUVs in the U.S. in 2024

U.S. House votes down amendment that would limit Army’s Twitch recruiting

Game industry pauses events as U.S. reels from George Floyd protests

U.S. video game industry sets sales record in 1st quarter as players stay home

U.S. government and big tech want to use location data to fight coronavirus

Not so many moons ago, Trevor moved from one tea-loving island nation that drives on the left (Britain) to another (Japan)…

Big Tech to discuss coronavirus action at White House meeting

Tech’s biggest companies are coming together through a meeting at the White House to discuss how to handle the COVID-19 outbreak, also known as coronavirus.

Facebook, Google, Amazon, Apple, Microsoft, and Twitter will attend a meeting with U.S. chief technology officer Michael Kratsios on Wednesday, March 11, Politico initially reported.

Gamers in the U.S. create as much carbon dioxide as 5 million cars, study says

A new study has examined the energy use of gaming devices across the county, and it’s bad news for anyone hoping to escape global warming by diving into a video game.

“Toward Greener Gaming: Estimating National Energy Use and Energy Efficient Potential,” published in The Computer Gamers Journal, found that U.S. gamers consume an incredible 34 terawatt-hours of energy each year. That’s 2.4% of all residential electricity, with carbon emissions equal to more than 5 million cars, adding up to $5 billion spent. Gaming sucks down more power than all the nation’s freezers.

The U.S. and France reach deal on a digital tax targeting Big Tech

The United States and France reached a deal on European nation’s controversial digital tax on Big Tech, President Donald Trump and French President Emmanuel Macron said at the G7 summit on Monday.

The 3% tax, which France passed in July, targets Big Tech companies like Facebook, Amazon, Google, and Apple – any company that makes more than 750 million euros ($830 million) annually from “digital activities.” The companies also need to have made at least $25 million euros ($27 million) in revenue in France. The tax applies retroactively to all money made since January 1, 2019.

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : Digital Trends – https://www.digitaltrends.com/news/white-house-announces-31-us-tech-hubs-to-boost-innovation/