U.S. Awards GlobalFoundries $300 Million in CHIPS Act Funding for Silicon Photonics
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The U.S. government will award GlobalFoundries $300 million in funding to support research and development of silicon photonics technology.
The grant, allocated under the CHIPS Act, is intended to help the chipmaker develop hardware that increases power efficiency for artificial intelligence data centers.
From the sources (2 posts)
@techmemeGlobalFoundries says the US plans to award it $300M in CHIPS Act funding to bolster R&D of silicon photonics tech to power more efficient AI data centers (Reuters) (Visit Techmeme dot com for the link and full context!)
@reuterschinaGlobalFoundries said on Wednesday the U.S. government will award $300 million to the chipmaker to bolster research and development of silicon photonics technology to power more efficient AI data centers.