One of the designated tech hubs is Baltimore City, which plans to use AI and biotechnology to improve health outcomes through the development of new medicines and therapies. The White House stated that the tech hubs will bring the benefits of scientific and technological innovation to communities across the country, particularly benefiting small and rural areas and supporting historically underserved communities.
Key takeaways:
- The White House has designated 31 tech hubs across the U.S. to boost competitiveness and innovation in the tech sector.
- The Tech Hubs program is part of President Biden's agenda to grow the economy from the middle out and bottom up, focusing on industries like semiconductors, clean energy, biotechnology, and artificial intelligence.
- The initiative allows interested bodies to compete for up to $75 million in grants for investments in innovation, supply chain resilience, and job creation.
- One of the designated tech hubs is Baltimore City, which plans to use AI and biotechnology to improve health outcomes through the development of new medicines and therapies.