News Snapshot:
Biotech US-China tech war: basic research in AI, semiconductors and biotech gets closer to US$110 billion boost in US US President Joe Biden holds a chip as he speaks prior to signing an executive order aimed at addressing a global semiconductor shortage, in the State Dining Room at the White House in Washington on February 24. Congress is looking to boost basic research in semiconductors and several other areas, including AI and quantum computing, in a bill that would see more than US$110 billion spent over five years. Photo: Reuters
