Digital Twins Center Faces Funding Cut

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The head of a U.S. CHIPS and Science Act-funded center devoted to digital twins for chip manufacturing has informed its 121 members that the U.S. Department of Commerce will terminate its US $285-million five-year contract.

According to its website, the SMART USA Institute has the goal of uniting academic and industrial labs to create “virtual manufacturing replicas” that reduce development and manufacturing costs by more than 35 percent, cut manufacturing development time by 30 percent, and improve…



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Digital Twins Center Faces Funding Cut



The head of a U.S. CHIPS and Science Act-funded center devoted to digital twins for chip manufacturing has informed its 121 members that the U.S. Department of Commerce will terminate its US $285-million five-year contract.

According to its website, the SMART USA Institute has the goal of uniting academic and industrial labs to create “virtual manufacturing replicas” that reduce development and manufacturing costs by more than 35 percent, cut manufacturing development time by 30 percent, and improve…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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