NIST Boosts Small Businesses Developing AI and Semiconductor Technologies

What Happened

The National Institute of Standards and Technology (NIST) has awarded over $1.8 million to 19 small businesses across the United States. The funding targets companies working in areas like artificial intelligence, semiconductors, additive manufacturing, advanced materials, robotics, and cybersecurity. These grants are part of NIST\’s Small Business Innovation Research (SBIR) program and aim to help early-stage businesses translate research into commercially viable technologies that can bolster US competitiveness in critical and emerging technology sectors.

Why It Matters

NIST\’s investment supports US-based innovation by empowering small businesses tackling high-impact technologies such as AI and semiconductors. This boost is crucial amid global competition and ongoing efforts to strengthen domestic supply chains and high-tech manufacturing. Read more in our AI News Hub