Inside AI Policy

May 24, 2024

AI to play key role as Commerce announces CHIPS funding for ‘digital twins’ institute

By Charlie Mitchell / May 7, 2024

The Department of Commerce is standing up a manufacturing institute under the CHIPS and Science Act “focused on digital twins for the semiconductor industry,” with a $285 million funding opportunity for a private-sector entity to run the “first-of-its-kind” institute.

“Unlike traditional, physical research models, digital twins can exist in the cloud, which enables collaborative design and process development by engineers and researchers across the country, creating new opportunities for participation, speeding innovation, and reducing costs of research and development,” according...

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