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3 mentions found


☆ In swing state Arizona, an $8.5 billion CHIPS grant spells ‘jobs’ more than geopolitics
  + stars: | 2024-03-21 | by ( Christine Romans | Emily Pandise | ) www.cnbc.com   time to read: +3 min
US President Joe Biden gives a speech at Intel Ocotillo Campus on March 20, 2024 in Chandler, Arizona. Biden announced $8.5 billion in federal funding from the CHIPS Act for Intel Corp. to manufacture semiconductors in Arizona. "The CHIPS and Science Act is a huge jobs creator," National Economic Council Director Lael Brainard told NBC News, adding that the impact would go beyond Intel's own workforce. "The CHIPS and Science Act is a huge jobs creator," National Economic Council Director Lael Brainard told NBC News, adding that the impact would go beyond Intel's own workforce. "That also leads to all kinds of nearby restaurants' having business, nearby service small businesses' starting up and hiring workers of their own."
Persons: Joe Biden, Biden, CHANDLER, Ariz, Alfred Garza, Garza, It's, Chandler, Lael Brainard, Pat Gelsinger Organizations: Intel Ocotillo, Intel Corp, China, Intel, Chandler, Economic, NBC News Locations: Chandler , Arizona, Arizona, —, Phoenix, Washington, Chandler, Ohio, New Mexico, Oregon, America, Asia, U.S
☆ The AI industry is pushing a nuclear power revival — partly to fuel itself
  + stars: | 2024-03-07 | by ( Bella Aldrete | Jacob Ward | Emily Pandise | ) www.cnbc.com   time to read: +5 min
Tech firms and Silicon Valley billionaires have been pouring money into nuclear energy for years, pitching the sustainable power source as crucial to the green transition. While generative AI has grown at lightning speed, nuclear power projects are heavily regulated and usually advance at a plodding pace. That's raising questions about whether advances in nuclear energy can cut emissions as swiftly as energy-guzzling AI and other fast-growing technologies are adding to them. The nuclear power industry hasn't meaningfully expanded its share of the U.S. energy mix for decades. By one estimate, up to 800 gigawatts of new nuclear power will be needed by 2050 to meet current green energy targets.
Persons: Sarah Myers West, Myers, Sam Altman, OpenAI, Altman, Jacob DeWitte, Oklo, hadn't, You've, DeWitte, Oklo's Organizations: Silicon, CNBC, Helion Energy, Microsoft, federal Nuclear Regulatory Commission, Air Force, NRC, Idaho National Laboratory, Energy Department, Pew Research Locations: Idaho, Ohio, United States, Alaska, U.S, Ukraine, Fukushima, Japan
☆ Video: Mark Zuckerberg thanks laid-off Meta employees in leaked call
  + stars: | 2022-11-09 | by ( David Ingram | Emily Pandise | David Ingram Covers Tech For Nbc News. | ) www.nbcnews.com   time to read: +1 min
Meta CEO Mark Zuckerberg offered words of appreciation and encouragement to outgoing employees as he eliminated their jobs Wednesday, according to a recording of a video call he held to explain his decision. NBC News obtained a portion of the call in which Zuckerberg praised their work and said it was difficult to cut so many jobs. The layoffs affected about 11,000 people, or 13% of the company that owns Facebook, Instagram and WhatsApp. A Meta employee affected by Wednesday’s mass layoffs provided the video to NBC News. Though he accepted responsibility for the layoffs, Zuckerberg’s authority over Meta has never been in question.
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