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Chipmaking Push Makes US Attractive AI Hub, Celesta Capital Says
The US is a standout destination for investors in artificial intelligence because of its push to develop more advanced chipmaking at home, according to Silicon Valley-based Celesta Capital.
The US is a standout destination for investors in artificial intelligence because of its push to develop more advanced chipmaking at home, according to Silicon Valley-based Celesta Capital. The country has already jumped out to a lead with pioneer OpenAI kick-starting the current frenzy of interest in AI and Nvidia Corp. providing the most sought-after hardware for enabling it. With the Biden administration’s wide-ranging plan to support domestic semiconductor manufacturing and attract overseas industry leaders, venture investors see the US best-positioned to support nascent firms in the field.
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