The U.S. Commerce Department said on Thursday it plans to provide $389 mln in R&D funding to four companies developing power semiconductor devices and critical materials to advance commercial fusion energy and related technologies. As a condition of

2026-10-22

The U.S. Commerce Department said on Thursday it plans to provide $389 mln in R&D funding to four companies developing power semiconductor devices and critical materials to advance commercial fusion energy and related technologies. As a condition of the awards, the U.S. government will take minority equity stakes in the firms without control or voting rights. The funding comes from a $10 bln fund Congress authorized in 2022; in recent months the government has issued 19 R&D grants from that fund. Commerce Secretary Lutnick said the funds will accelerate U.S. semiconductor innovation and bolster domestic energy and power resources.

Other News
2026-10-22

OpenAI said this summer it granted METR and Redwood Research three weeks of deep, embedded access to its internal monitoring systems in a pilot assessment. The teams’ findings helped strengthen safety controls during system scaling and will underpin

2026-10-22

1. Token Consumption: Steinberger estimates he spent approximately $10 million worth of tokens last month running AI computing tasks. However, he emphasizes that not all token consumption generates real-world value. 2. Current Infrastructure Status: