The U.S. government has earmarked more than $36 billion in funding under the CHIPS Act, the vast majority of which has gone to large incumbents like Intel, Micron, and Samsung.
Now a VC-backed startup is getting in on the action.
Driving the news: Akash Systems announced this morning that it has secured $18.2 million in non-dilutive grants, plus $50 million in combined federal and California state tax credits.
A second Trump administration presents a dilemma for scientists and career staff at top federal health agencies: stay and fight any efforts that undermine science for political purposes or leave.
Why it matters: Public health efforts were weakened by misinformation and distrust during the COVID pandemic, but a brain drain of the nation's top scientific minds could hobble research and dissolve institutional knowledge at agencies such as the Food and Drug Administration, National Institutes of Health and the Centers for Disease Control and Prevention.
