A digital twin can exist in the cloud and can create opportunities to speed up innovation and reduce costs of research and development., The Biden administration will grant roughly $285 million in funding from the CHIPS for America Program for development and research of digital twins in the semiconductor industry, the Commerce Department and National Institute of Standards and Technology (NIST) announced Monday. The latest announcement for the notice of funding opportunity is part of the push from the U.S. to boost domestic production of semiconductors. The funding will go towards establishing,
from Newsnation