The US Department of Commerce has announced the second phase of its technology hub programme, which will provide $504 million in government funding to 12 selected locations across 14 US states. The programme aims to drive innovation and create high-paying jobs across various sectors such as AI, semiconductors, quantum computing, and more.
In 2023, the administration of President Joe Biden launched the first phase of the technology hub programme, selecting 31 regional technology hub locations out of 370 applicants. The second phase involved narrowing down these locations to just 12 tech hubs. These states include Colorado, Florida, Georgia, Illinois, Indiana, Montana, Nevada, New Hampshire, New Mexico, New York, Ohio, Oklahoma
