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A top Pentagon official contracted his personal lawyer, Alan Waldenberg, to handle a critical minerals deal with MP Materials, raising conflict-of-interest concerns due to Waldenberg's ties to Cerberus Capital Management.
The National Science Foundation is investing $290 million in eight research institutes to advance U.S. quantum science, focusing on quantum computing, sensing, and communication technologies through collaborative efforts between academia, government, and industry.
Prime Minister Mark Carney announces a historic $70 billion clean energy investment in North America, including upgrades to the Churchill Falls Generating Station and development of the Gull Island project, aiming to generate 14,000 megawatts of clean power.
South Korea has announced an $880 billion AI infrastructure plan covering semiconductor expansion, physical AI, and AI data centers, aiming to strengthen its position in the global AI race. The multi-year plan involves major companies and includes building four new fabs and 18.4GW of data center capacity.
The UK government announces a $1.47 billion plan to build a national AI supercomputer and invest in domestic chip startups, aiming to reduce dependence on US and foreign AI hardware.
The US government invested $2 billion in quantum computing startups using funds from the CHIPS and Science Act, but Congressmember Zoe Lofgren argues the investment is illegal because the money was allocated for semiconductor R&D, not quantum computing.
The US government announced a $2 billion equity stake in nine quantum computing firms to boost domestic quantum capabilities, continuing its trend of investing in strategic technologies.