25 June 2026

The US awards $250M in CHIPS funds to a startup co-founded by billionaire mining magnate Robert Friedland to develop silicon-carbide chips and pulsed-power tech (James Attwood/Bloomberg)

James Attwood / Bloomberg:
The US awards $250M in CHIPS funds to a startup co-founded by billionaire mining magnate Robert Friedland to develop silicon-carbide chips and pulsed-power tech  —  I-Pulse Inc. will receive $250 million in US funding for semiconductor and pulsed-power development as the venture co-founded …

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