SandboxAQ Wins $500M CHIPS Act Award for AI-Driven Semiconductor Material Development
✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source
SandboxAQ has been awarded $500 million as part of the CHIPS Act to develop semiconductor materials using ai. The award is reportedly from the US Department of Commerce and may involve an equity stake for the US government. The company, which is backed by a major tech firm and originated from another, will use the funding to accelerate its ai-led materials discovery efforts.
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