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Analysis: the AI investment boom represents ~1% of US GDP, roughly half the GDP share during the '90s dot-com boom and comparable to the mid-2010s US shale boom (Toby Nangle/Financial Times)

Toby Nangle / Financial Times : Analysis: the AI investment boom represents ~1% of US GDP, roughly half the GDP share during the '90s...

2 July 2024

The Biden administration awards $504M in funding for 12 regional tech hubs, including in New York and Florida, to expand research in AI, chip making, and more (Bloomberg)

Bloomberg:
The Biden administration awards $504M in funding for 12 regional tech hubs, including in New York and Florida, to expand research in AI, chip making, and more  —  - Effort aims to draw private investment around more of the US  — Awards cover twelve centers, including in New York and Florida

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