US Passes $250 Billion Technology Bill for Chips, AI and Robotics
The US passed the U.S. Innovation and Competition Act, a $250 billion bill promoting US semiconductors, AI, robotics and technology. It authorizes $81 billion for NSF, including $29 billion over five years for the new directorate. It directs the Department of Commerce to designate regional technology hubs across the country, and authorizes $10 billion over …