The Biden administration is granting $1.5 billion in funding to GlobalFoundries to bolster semiconductor production under the CHIPS Act. The company, which spun out from AMD in 2009 and also has access to $1.6 billion in loans from the CHIPS Program Office, will split the cash between three projects.
Elon Musk has started moving his businesses away from Delaware, following a judge's decision in the state to invalidate his $56 billion Tesla pay package. In a post on X, Musk has announced that SpaceX has moved its corporate home from Delaware to Texas, along with a copy of the certificate of conversion it received from the Texas Secretary of State.
I’ve been interested in solar generators for a long while, but very few of them ever felt worthy of specific comment. Many of them historically boasted of running laptops, TVs or coolers, but their constrained outputs made them incapable of powering kettles, washing machines or air conditioners. CES 2024 has shown that the industry has moved beyond those limitations, with newer units capable of fulfilling the promise inherent in their names.