U.S. government announces up to $300 million in funding to boost advanced semiconductor packaging

The U.S. government announced plans to invest up to $300 million in three advanced semiconductor packaging research projects located in Georgia, California, and Arizona. These projects aim to develop cutting-edge technologies in advanced substrates, a critical component in the semiconductor supply chain that supports industries like artificial intelligence (AI), next-generation wireless communication, and energy-efficient electronics.

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Xi highlights AI risks, warns against US-China decoupling

At the 2024 World Internet Conference (WIC), Chinese President Xi Jinping emphasized that while AI empowers humanity to better understand and reshape the world, it also presents unpredictable risks and challenges. Xi urged the global community to adopt security as a core principle and collaborate to establish a “shared future in cyberspace,” according to the South China Morning Post.

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