US ‘has to win’ the AI innovation race, OpenAI exec says
Senior Vice President of Global Affairs Chris Lehane commended a recent executive order opening federal land to AI data center development and posited ways to encourage states to back AI development. OpenAI Senior Vice President of Global Affairs Chris Lehane called for cultivating a robust domestic infrastructure for the growing U.S. artificial intelligence sector during a […]
SEEQC closes $30M investment round
Booz Allen Hamilton’s venture capital arm and NordicNinja led the round for SEEQC, which started in 2019 with the idea of integrating classical and quantum computing techniques. SEEQC, a six-year-old startup that makes digital chips to power quantum computing systems, has fetched $30 million in new capital to further accelerate the commercial rollout of its flagship […]
Loft Orbital captures $170M in Series C investments
The company has fetched $300 million in external capital since it opened for business in 2017 with the idea of integrating and operating customer payloads in its satellites. Loft Orbital, an eight-year-old space infrastructure startup, has completed a $170 million Series C round to aid its ongoing push to ramp up satellite launches and incorporate more […]
Polaris protests hit double digits
The challenges center around how the General Services Administration evaluated bids and looked at past experience. The General Services Administration is now facing 10 protests that take issue with how the agency made awards for the Polaris IT services and solutions vehicle. The companies are challenging how GSA evaluated proposals, including how past experience was scored and […]
Biden orders federal land to be leased for AI data center development
The executive action will leverage federally protected lands to develop data centers capable of supporting AI software, with a priority on incorporating clean energy sources. Outgoing President Joe Biden took further steps to uphold his administration’s tech policy agenda in the face of the upcoming transition, signing an executive order on Tuesday that will utilize federal land for […]