Biden to Announce Tech Hubs Across 32 US States

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The Biden administration announced it will introduce 31 designated technology hubs in the US and Puerto Rico to help ramp up innovation and create jobs. The investment will benefit cities within 32 US states. And Puerto Rico, President Joe Biden will announce the hubs today at the White House. The move is part of the Department of Commerce's plans to distribute $500 million worth in grants to cities across the country. The funding is part of last year's chips and Science Act which is meant to invest to new tech, including artificial intelligence, biotech and quantum computing.