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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…

The US passed the U.S. Innovation and Competition Act, a $250 billion invoice promoting US semiconductors, AI, robotics and technology.

It authorizes $81 billion for NSF, for example $29 billion over five years for the new directorate. It directs the Department of Commerce to designate regional technology hubs throughout the country, and authorizes $10 billion over five years for these hubs. The bill appropriates $52.7 billion for incentivizing domestic semiconductor manufacturing and $1.5 billion for 5G innovation. It requires steps to counter the Chinese Communist Party by addressing China’s political influence in universities, countering predatory economic procedures such as IP theft, and expanding and strengthening our alliances. The bill requires sanctions against foreign entities or individuals that the president describes annually as having supported or participated in cyberattacks or otherwise undermined U.S. cybersecurity on China’s behalf.

52 billion to fund the semiconductor study, design, and manufacturing initiatives.
financing for scientific study, subsidies for chipmakers and robot makers, and an overhaul of the National Science Foundation.
Endless Frontier overhauls the National Science Foundation, appropriates tens of billions for the NSF between monetary 2022 and 2026, also establishes a Directorate for Technology and Innovation.

Establishes 10″technology focus areas” for the National Science Foundation to focus on:

Artificial intelligence, machine learning, freedom, and related improvements

High-performance computing, semiconductors, and advanced computer hardware and software

Quantum information science and technologies

Robotics, automation, and advanced manufacturing

Natural and anthropogenic disaster avoidance or mitigation

Advanced communications technology and immersive technologies

Biotechnology, medical engineering, genomics, and artificial biology

Data storage, data management, dispersed ledger technology, and cybersecurity, such as biometrics

Advanced energy, industrial performance technologies such as batteries, and advanced nuclear technologies including for the purposes of electric production

Advanced materials science, including composites and 2D materials

Regional Innovation Capacity

Directs the Department of Commerce to designate regional technology hubs across the nation to encourage regional economic growth in creation. Authorizes $10 billion over five years for its hubs.

Requires agency heads, in consultation with the secretary of trade, to establish policies to promote domestic production of technologies developed by the Manufacturing USA Network.

Authorizes $2.4 billion for The Manufacturing Extension Partnership over FY 2022 — FY 2026.

Authorizes $1.2 billion for its Manufacturing USA Program over FY 2022 — FY 2026.

Creates a National Manufacturing Advisory Council.

Research Security

Establishes a Research Security and Policy Office in the Office of the Director responsible for coordinating all research safety p

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