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China Making AI Breakthroughs Despite Biden's Sanctions - Vimarsana News

China Making AI Breakthroughs Despite Biden's Sanctions

China could close the gap with the US in terms of artificial intelligence (AI) within one or two years, the Global Times writes, thanks to the People's Republic's breakthroughs in the field.

US government seeking a CHIPS Act 2.0 to properly fund domestic semiconductor industry - Vimarsana News

US government seeking a CHIPS Act 2.0 to properly fund domestic semiconductor industry

Speaking at Intel's recent foundry event, United States Secretary of Commerce (SecCom) Gina Raimondo said that federal subsidies are essential for the US to become a new...

Intel wants another $10 billion from the CHIPS Act and Biden administration - Vimarsana News

Intel wants another $10 billion from the CHIPS Act and Biden administration

Intel has reportedly demanded more subsidies from the Biden administration under the CHIPS Act, as it ramps up new facilities in the USA.

GlobalFoundries Receives $1.5 Billion in CHIPS Act Funding to Expand US Semiconductor Production - Vimarsana News

GlobalFoundries Receives $1.5 Billion in CHIPS Act Funding to Expand US Semiconductor Production

GlobalFoundries is set to embark on the construction of a new fabrication facility in Malta, New York, aiming to introduce "high-value technologies currently unavailable in the US."

US to award $1.5B to GlobalFoundries to expand computer chip production - Vimarsana News

US to award $1.5B to GlobalFoundries to expand computer chip production

The funding for this stems from the CHIPS and Science Act, passed by Congress in 2022, to fight a chip shortage exacerbated by the COVID-19 pandemic.