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GlobalFoundries, U.S. Department of Commerce Announce Award Agreement on CHIPS Act Funding for Essential Chip Manufacturing

11/22/2024 | GlobalFoundries
GlobalFoundries (GF) and the U.S. Department of Commerce have announced an award of up to $1.5 billion in direct funding to GF through the CHIPS and Science Act.

L3Harris Achieves UK Defence Employer Recognition Award

11/21/2024 | L3Harris Technologies
L3Harris Technologies has achieved Silver Award status in the U.K.’s Defence Employer Recognition Scheme, a coveted acknowledgement of the company’s commitment to and support for the Armed Forces community, aligned to the values of the country’s Armed Forces Covenant.

SIA Applauds CHIPS Award for Semiconductor Research Corporation’s SMART USA Institute

11/21/2024 | SIA
The Semiconductor Industry Association (SIA) released the following statement from SIA President and CEO John Neuffer commending the announcement that the U.S. Department of Commerce and the Semiconductor Research Corporation Manufacturing Consortium Corporation (SRC) are entering negotiations for the Commerce Department to provide SRC $285 million to establish and operate the CHIPS Manufacturing USA Institute for Digital Twins.

IBM Expands its AI Accelerator Offerings; Announces Collaboration with AMD

11/18/2024 | IBM
IBM and AMD have announced a collaboration to deploy AMD Instinct MI300X accelerators as a service on IBM Cloud. This offering, which is expected to be available in the first half of 2025, aims to enhance performance and power efficiency for Gen AI models such as and high-performance computing (HPC) applications for enterprise clients.

DuPont and Habitat for Humanity International Continue Global Partnership

11/18/2024 | PRNewswire
Habitat for Humanity International and DuPont today announced they are renewing their annual global partnership. As part of the collaboration,
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