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Data Center News > Blog > Edge Computing > Biden administration invests $269M to boost edge computing capabilities in microelectronics sector
Edge Computing

Biden administration invests $269M to boost edge computing capabilities in microelectronics sector

Last updated: September 25, 2024 5:04 pm
Published September 25, 2024
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Biden administration invests $269M to boost edge computing capabilities in microelectronics sector
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The Biden-Harris Administration introduced $269 million in funding for microelectronics manufacturing and workforce growth. This funding is a part of the Microelectronics Commons (ME Commons) initiative, geared toward enhancing U.S. semiconductor capabilities.

The funding is sourced from the CHIPS and Science Act, which seeks to scale back reliance on international microelectronics. The ME Commons contains eight regional hubs, with a complete of $2 billion allotted from FY23 to FY27.

The initiative focuses on advancing microelectronics expertise and offering American staff with superior expertise.

“Microelectronics are vital to our objectives of getting a extra dependable microelectronics provide and to ship next-generation capabilities for our troops,” stated Dr. Devanand Shenoy, government director of the Microelectronics Commons and principal director for microelectronics within the Workplace of the Below Secretary of Protection for Analysis and Engineering. “These awards will even upskill America’s workforce, thus serving to maintain America each safe and affluent.”

The $269 million is distributed throughout six technical areas, together with quantum, safe edge computing, and synthetic intelligence. The Division of Protection (DoD) will go to three hubs to debate progress and spotlight award recipients.

The initiative goals to foster partnerships, modernize analysis services, and improve workforce growth tailor-made to regional wants. Workforce growth initiatives goal training in microelectronics, particularly in underutilized establishments like HBCUs and neighborhood faculties.

The venture funding will profit 28 states and Washington, D.C., selling a strong microelectronics workforce. Final yr, the Department of Defense announced and awarded just under $240 million to launch the eight Hubs.

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AI  |  Biden administration  |  edge computing  |  funding  |  microelectronics  |  quantum computing

See also  Edge Computing Spend to Hit $232B in 2024, Fueling AI Deployment

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TAGGED: 269M, Administration, Biden, boost, capabilities, computing, edge, invests, microelectronics, Sector
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