White House secures $2.4B private tech pledge for U.S. supercomputing initiative

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The White House has secured $2.4 billion in private-sector commitments for computing credits and technical resources from eleven tech firms, including Nvidia, Google, and OpenAI. The pledge, announced during a summit in Washington, D.C., is intended to fuel federal scientific projects in areas like fusion energy and quantum physics. Nvidia, whose CEO Jensen Huang received the National Medal of Technology and Innovation, contributed $1 billion in specialized processing capacity. The initiative aims to provide national labs and academic researchers with advanced computing resources typically unavailable to them, bypassing commercial competition. The White House is pairing this private investment with deregulation policies to streamline access and accelerate U.S. research and geopolitical competitiveness.

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