
News Summary
- The Biden administration on Monday designated technology hubs spread across states and Puerto Rico to help spur innovation and create jobs.
- The tech hubs are the result of a process that the Commerce Department launched in May to distribute a total of million in grants to cities.
- The million came from a billion authorization in last year s CHIPS and Science Act to stimulate investments in new technologies such as artificial intelligence quantum computing and biotech.
- The program formally the Regional Technology and Innovation Hub Program ties into the president s economic argument that people should be able to find good jobs where they live.
By DARLENE SUPERVILLE Associated PressREHOBOTH BEACH, Del. (AP) The Biden administration is designating 31 technology hubs touching 32 states and Puerto Rico to help spur innovation and create jo [+2558 chars]