Signage is displayed at the BAE Systems plc booth at Special Operations Forces (SOF) Week for defense companies, in Tampa, Florida, U.S.

U.S. has awarded semiconductor chip contracts to BAE Systems and Rocket Lab

The U.S. Commerce Department announced on Monday that it is in the process of finalizing nearly $60 million in government subsidies for BAE Systems and Rocket Lab. These funds will support BAE Systems in the production of semiconductor chips essential for jets and satellites, while Rocket Lab will utilize the funds to manufacture compound semiconductors for satellites and spacecraft. Specifically, the department is allocating $35.5 … Continue reading U.S. has awarded semiconductor chip contracts to BAE Systems and Rocket Lab

Biden administration to host global summit on artificial intelligence safety

The Biden administration announced on Wednesday its intention to host a global summit focused on artificial intelligence safety, amid ongoing challenges in Congress regarding the regulation of this technology. Commerce Secretary Gina Raimondo and Secretary of State Anthony Blinken will lead the inaugural meeting of the International Network of AI Safety Institutes in San Francisco on November 20-21, aiming to foster international collaboration for the … Continue reading Biden administration to host global summit on artificial intelligence safety