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Money Moves is a recurring series where we chart the raises, grants, contracts, mergers and other funding news of tech companies across our regions. Have a tip? Email us at pittsburgh@technical.ly. Lately, investments in the Pittsburgh region have focused on sustainability. Government grants allocated millions of dollars to support conservation workforce development programs and technology […]
United States President-elect Donald J Trump has criticized the current President Joe Biden administration over inflation and other issues. Moreover, he has indicated his intention to fundamentally change US economic policy. Apparently, the president-elect strongly believes that the only way to make America great again is to strengthen the economy. Also, the rise of China […]
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Washington lawmakers are going after firms that make equipment for semiconductor manufacturing as the Joe Biden administration mulls more export controls to restrict China’s hi-tech advances. On Thursday, the Democratic and Republican leaders of the House select committee on China sent letters to five American, Dutch and Japanese companies, requesting detailed information about the companies’ […]
Generative artificial intelligence could create close to 1,000 times more electronic waste by the start of the next decade, a global analysis has found. Without any waste reduction measures, e-waste from AI would see significant growth – from 2,600 tonnes in 2023 to 2.5 million tonnes in 2030, the scientists said. That would be equivalent […]
Treasury Department says curbs will ensure US investment does not advance technologies that threaten national security. The United States has finalised rules that limit investments in critical technology sectors in China such as artificial intelligence on national security grounds, the Treasury Department has announced. The restrictions will bar US citizens and permanent residents, as well […]
This is the third in a three-part series delving into the unprecedented challenges China is facing on its road to economic recovery, from inexperience in dealing with such crises to the compounding implications of internal demographic shifts and external trade hurdles. You can read the second part here. The story of how Chinese scientists overcame […]