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The Latest Breaking News from Gina Raimondo

'Changing jobs no longer means financial ruin': AI giants and government join forces to train US workforce to not go obsolete in the age of AI

"America has a technology strategy" but "it does not yet have a people strategy" – Gina Raimondo wants companies to support workers.

TechRadar

Two former governors launch a bipartisan coalition to confront the coming AI jobs shock

Also: All the news and watercooler chat from Fortune.

Fortune

AI is plowing through the workplace. This new group wants to help people adapt and have jobs

A newly formed bipartisan nonprofit named RAISE US is set to launch with over $500 million aimed at tackling job losses anticipated from artificial intelligence advancements. Co-founded by former Commerce Secretary Gina Raimondo and ex-Indiana Governor Eric Holcomb, this organisation plans to collaborate with states and corporations to offer retraining…

The Economic Times

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A new $500 million push to retrain workers for an AI-driven future

A new bipartisan nonprofit wants to help Americans who find they're out of work because of AI

The Independent UK

Global brands fight legality of Trump’s 'Liberation Day' tariffs

Major multinationals are turning to the US Court of International Trade to claw back duties paid under Trump’s “Liberation Day” tariffs.

Euronews

Former Intel CEO Pat Gelsinger Slams CHIPS Act Rollout, Says Trump Administration's Stake Only Matters If It Builds And Fills Fabs

Former Intel Corp (NASDAQ:INTC) CEO and current Playground Global general partner Pat Gelsinger criticized the slow rollout of the CHIPS Act, arguing that the U.S. government's new stake in Intel only matters if it results in more semiconductor fabs being built and filled across America.

Benzinga

Trump administration will back CHIPS and Science Act hints outgoing Commerce Secretary

Next U.S. Commerce Secretary reportedly plans to continue implementing CHIPS and Science Act program.

Tom’s Hardware

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Chinese cars are close to a US ban – and that could make EVs a lot more expensive

As part of a crackdown on vehicle software and hardware from China, the Biden Administration has finalized its rules for banning Chinese EVs in the US market.

TechRadar

Biden argues China ‘will never surpass us’, as Washington aligns on being tough on Beijing

Biden's final foreign policy featured harsh rhetoric on China, as Washington embraces tough-on-China policies.

Fortune

US Announces New Restrictions On AI Chip Exports

The United States unveiled new export rules Monday on chips used for artificial intelligence, furthering efforts to make it tough for China and other rivals to access advanced technology in Joe Biden's final days as president.

International Business Times

Biden's administration proposes new rules on exporting AI chips, provoking an industry pushback

The Biden administration is proposing a new framework for the exporting of the advanced computer chips used to develop artificial intelligence, an attempt to balance national security concerns about the technology with the economic interests of producers and other countries

The Independent UK

TSMC's Arizona Fab 21 is already making 4nm chips — yield and quality reportedly on par with Taiwan fabs

U.S. Commerce Secretary confirms that TSMC's fab near Phoenix, Arizona, is already producing chips.

Tom’s Hardware

Democrats' first battle of 2025: Doge

Why the new year must begin in defense of federal workers

Salon

'The only way to beat China is to stay ahead of them' says US commerce secretary as she backs CHIPS investments handed out to Intel, TSMC over sanctions

"We have to run faster, out innovate them. That’s the way to win."

PC Gamer

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Tom’s Hardware

Holding back China's chipmaking progress is a fool’s errand, says U.S. Commerce Secretary

Sec. Raimondo says that massive investment in semiconductor manufacturing and research is more important than export controls aiming to help keep the U.S. ahead of its competition.

International Business Times

US Confirms Billions In Chips Funds To Samsung, Texas Instruments

President Joe Biden's administration said Friday that it has cemented deals for billions in funding to South Korean semiconductor giant Samsung Electronics and Texas Instruments to boost their chipmaking facilities in the United States.

Tom’s Hardware

US Department of Commerce finalizes $458 million grant for SK Hynix to build Indiana packaging plant — plans to lend an additional $500 million for Lafayette project

SK Hynix gets $458 million from the U.S. government via the CHIPS Act to build an HBM packaging plant in Indiana.

Top News

Cabinet Members Stand By President Biden's Fitness For Office

Top Cabinet members stand by President Biden's leadership and fitness for office amid ongoing scrutiny.

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news in one place.

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International Business Times

US Firms Up $6.2 Bn Micron Funding To Boost Chipmaking

US President Joe Biden's administration finalized nearly $6.2 billion in funding for Micron Technology on Tuesday, firming up a deal to boost domestic semiconductor production before Donald Trump returns to the White House.

TechRadar

US sanctions still allow Huawei 'case-by-case' access to chip-making equipment

The chair of the China Select Committee has criticized Biden’s anti-China sanctions for not being uniform and effective.

Fortune

Trump taps billionaire crypto booster Cantor Fitzgerald CEO Howard Lutnick as Commerce Secretary

Scott Bessent, Key Square Capital CEO, is considered front-runner for the Treasury spot.

International Business Times

US Finalizes Up To $6.6 Bn Funding For Chip Giant TSMC

The United States will award Taiwanese chip giant TSMC up to $6.6 billion in direct funding to help build several plants on US soil, officials said Friday, finalizing the deal before a new administration enters the White House.

Latin Times

US Issues Record Number Of Passports In Past 12 Months

Secretary of State Antony Blinken said 24.5 million passports and 11.5 million visas were issued in fiscal year 2024.

International Business Times

US Issues Record Number Of Passports In Past 12 Months

Secretary of State Antony Blinken said 24.5 million passports and 11.5 million visas were issued in fiscal year 2024.

Tom’s Hardware

New York State to get new $825 million semiconductor R&D facility

The NSTC is getting a flagship facility in Albany, New York that's dedicated to EUV research and development.

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