Saturday, May 25, 2024

Congress has quietly diverted $3.5B from the US CHIPS Act to Secure Enclave, a classified project proposed by Intel to build chips for defense needs (Christine Mui/Politico)

Christine Mui / Politico:
Congress has quietly diverted $3.5B from the US CHIPS Act to Secure Enclave, a classified project proposed by Intel to build chips for defense needs  —  The Commerce Department was expecting to hand out new federal money to high-tech research.  Congress sent it to a secretive natsec program instead.



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Sources: after five Thinking Machines staff left, investors are rattled, potentially impacting fundraising; two researchers quit via Slack during an all-hands (The Information)

The Information : Sources: after five Thinking Machines staff left, investors are rattled, potentially impacting fundraising; two researc...