Massachusetts is part of a newly-designated federal tech hub for emerging maritime artificial intelligence.
The Department of Commerce announced the news on Monday afternoon, awarding the Ocean Tech Hub of Southeastern New England designation to Rhode Island and Massachusetts as part of an effort led by the Rhode Island Commerce Corp.
Thirty-one tech hubs were announced, all authorized under the CHIPS and Science Act signed by President Joe Biden in August 2022. The winners were selected from nearly 400 applications, and are eligible to apply to receive between $40 million and $70 million each for implementation funding.
Source : GDT