Biden Awards $504 Million to Tech Investment Hubs Across US.

President Joe Biden's administration is providing $504 million in funding for 12 regional technology hubs across the United States. The funding will support research in areas such as artificial intelligence, semiconductor manufacturing, and clean energy, with the aim of promoting private investment in cutting-edge industries outside of traditional innovation centers. Recipients of the funding include hubs in New York, Florida, Nevada, and South Carolina. The program is part of Biden's efforts to boost domestic manufacturing and position the US as a competitor to China in critical technologies. [Extracted from the article]