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Apr 10, 2024 • 4 min read

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U.S. TSMC Investment:

The CHIPS program, initiated by the Biden administration to rejuvenate the U.S. semiconductor industry, has facilitated another significant agreement. This time, the Taiwan Semiconductor Manufacturing Company (TSMC) is set to receive up to $6.6 billion in grants and up to $5 billion in loans.
This follows a recent deal where Intel was allocated up to $8.5 billion in funding, highlighting the government's commitment under the 2022 CHIPS and Science Act. Together with TSMC's own investment in expanding its Arizona facilities, the total investment is projected to be $65 billion, according to Mike Schmidt, director of the CHIPS program office at the Department of Commerce.

Canada‘s AI Investment:

In a recent announcement, Prime Minister Justin Trudeau revealed that Canada's forthcoming budget will allocate C$2.4 billion ($1.77 billion) towards enhancing the nation's artificial intelligence (AI) capabilities. This funding package aims to bolster computing resources and technological infrastructure, supporting AI research, start-ups, and expanding companies across Canada. The details of this initiative will be officially presented in the budget scheduled for April 16.
The Canadian government's announcement of a C$2.4 billion ($1.77 billion) investment in the artificial intelligence (AI) industry is part of a broader trend of nations recognizing the strategic abilities of AI technologies. By dedicating resources to enhance computing capabilities, Canada is positioning itself as a key player in the global race for AI leadership.

SpaceX Launches:

Today, April 10, at 1:40 AM EST, SpaceX's Falcon 9 rocket launched 23 Starlink satellites into low-Earth orbit from Cape Canaveral Space Force Station's Space Launch Complex 40 in Florida. On April 7, Falcon 9 launched the Bandwagon-1 mission from Kennedy Space Center. This mission carried 11 spacecraft, including satellites for KOREA, HawkEye 360, Tyvak International, iQPS, Capella Space, and Tata Advanced Systems Limited.
The first stage booster for this launch had been used in 14 previous missions, supporting various payloads including SES-22, ispace's HAKUTO-R MISSION 1, Amazonas-6, CRS-27, and multiple Starlink launches. Additionally, last Saturday, April 6, at 7:25 PM PST, Falcon 9 launched from Vandenberg Space Force Base, deploying 21 Starlink satellites, six equipped with Direct Sat to Cell capabilities, into orbit. This marked the sixth flight for its first stage booster, following missions like Crew-7, CRS-29, PACE, Transporter-10, and two Starlink missions.

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