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

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