{"id":49034,"topic":"ai","source":"WCAX","title":"GlobalFoundries reaches agreement with U.S. Department of Commerce to boost AI - WCAX","url":"https://www.wcax.com/2026/07/29/globalfoundries-reaches-agreement-with-us-department-commerce-boost-ai/","url_hash":"c0d6cd2fefe2d00548e64123225f940ff7c74bf7","author":"","summary":"<a href=\"https://news.google.com/rss/articles/CBMipgFBVV95cUxPQmE3VlZtbFpBT0szUEE4RFEyZ2ZwQTdwN0l2VlVMS25GbmVyT19PWjZLWEZKQWtyMndZM291SXdvZGNMRC01SzU5OTdVZlVCY2tBN2RvbklPSzM4cVM1ZnJIaHRsMHp0blIxQUNuR3UwRlhQb25xSzhVWnNyUENBeWY4aWVoZ3AwWHdIWEhTX3BxN3dZeUdERGE3TVlFcW1kZGZnb3pB?oc=5\" target=\"_blank\">GlobalFoundries reaches agreement with U.S. Department of Commerce to boost AI</a>&nbsp;&nbsp;<font color=\"#6f6f6f\">WCAX</font>","content":"MALTA, N.Y. (WCAX) - GlobalFoundries is taking a big step to boost the technology behind artificial intelligence (AI).\nThe chipmaker based in the region signed a new agreement with the U.S. Department of Commerce to speed up research on silicon photonics.\nSilicon photonics is the light-based technology that moves data more efficiently inside AI systems and high-performance data centers.\nThe Commerce Department is expected to award GlobalFoundries $300 million to advance manufacturing aimed at making AI infrastructure faster and more energy-efficient.\nIn a separate deal, the federal government will also receive an equity stake in GlobalFoundries, about 1% of the company, so the public can share in the company’s future growth.\nCopyright 2026 WCAX. All rights reserved.","image_url":"https://gray-wcax-prod.gtv-cdn.com/resizer/v2/YYYCRIICKJB7BFXIK3WPILG74Q.jpg?auth=a5e92cadaf44d53db95759d01352b0707ed459cd8c7099e3ced1958b711d9083&width=1200&height=600&smart=true","lang":"en","published_at":"2026-07-29T15:47:00+00:00","fetched_at":"2026-07-29T16:15:04+00:00","status":"read","starred":0,"extract_state":"ok","summary_auto":"(WCAX) - GlobalFoundries is taking a big step to boost the technology behind artificial intelligence (AI). 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(WCAX) - GlobalFoundries is taking a big step to boost the technology behind artificial intelligence (AI).\nThe chipmaker based in the region signed a new agreement with the U.S. Department of Commerce to speed up research on silicon photonics.\nSilicon photonics is the light-based technology that moves data more efficiently inside AI systems and high-performance data centers.\nThe Commerce Department is expected to award GlobalFoundries $300 million to advance manufacturing aimed at making AI infrastructure faster and more energy-efficient.\nIn a separate deal, the federal government will also receive an equity stake in GlobalFoundries, about 1% of the company, so the public can share in the company’s future growth.\nCopyright 2026 WCAX. All rights reserved.","excerpt":"(WCAX) - GlobalFoundries is taking a big step to boost the technology behind artificial intelligence (AI). 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