The US is paying an AI startup $500M to break China’s grip on chip materials
The US government has just become a shareholder in an AI startup, in exchange for a bet that artificial intelligence can break China’s hold on the materials inside every chip factory. The Department of Commerce has awarded SandboxAQ $500mn under the CHIPS Act to develop new chemicals and metals for domestic semiconductor manufacturing, Reuters reported. [...] This story continues at The Next Web
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The US is paying an AI startup $500M to break China’s grip on chip materials Why it matters: AI News is moving the AI stack right now, and this update helps explain what changed for builders. Source: Tnw https://a2zai.ai/bytes/the-us-is-paying-an-ai-startup-500m-to-break-chi...
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