US awards Alphabet spinoff SandboxAQ $500M in CHIPS Act funds to find domestic semiconductor materials using AI
By
Brandon Vigliarolo
Summary
The US government is awarding $500 million in CHIPS Act funds to SandboxAQ, an Alphabet spinoff focused on AI and quantum technologies, to discover domestic minerals, molecules, and chemicals needed for semiconductor manufacturing. The goal is to reduce reliance on foreign-sourced materials and move more semiconductor manufacturing onshore. SandboxAQ, chaired by former Google CEO Eric Schmidt and spun off from Alphabet in 2022, will use AI to find these materials but will not be involved in actual manufacturing.
Source
bskyUS awards Alphabet spinoff SandboxAQ $500M in CHIPS Act funds to find domestic semiconductor materials using AItheregister.comKey quotes
· 2 pulledSandboxAQ (that's AI and Quantum, for those wondering), which spun off from Alphabet in 2022 under the chairmanship of former Google CEO Eric Schmidt, announced the award Wednesday.
The company won't be doing any manufacturing – this is just a...
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