Samsung Gains $4.6 Billion in New US Chip Funding
The US Department of Commerce plans to provide Samsung with up to $4.6 billion to expand its semiconductor manufacturing capabilities.
Germany will accelerate the development of various 5G services in the country. The government plans to do that through adding extra investments into backing domestic endeavours.
The Federal Ministry of Transport and Digital Infrastructure (BMVI) revealed in a statement that 48 consortia stood to receive funding of up to €4 million per project, as part of a programme unveiled in 2019 seeking to support 5G projects. The funding is intended for local authorities to develop 5G-enabled services in areas including agriculture, health, education and administration.
BMVI selected the initial ten projects in January, providing a total of €38 million. Andreas Scheuer, Minister of Transport and Digital Infrastructure, said that this will be a boost for the mobile communications sector in the country, while hailing the potential of new applications and services to reduce costs and carbon emissions. "The next-generation technology creates completely new possibilities in everyday life and on site", added Scheuer.
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China to Remove US Chips from Networks
The tech war between China and the US continues with bans. Chinese officials ordered operators to remove foreign chips from their networks by 2027.
Nvidia and Amazon to Fund Universities AI Research Collaboration
Nvidia and Amazon will fund a partnership between the Japanese University of Tsukuba and the University of Washington in the US.
