![Biden administration is providing $504 million to help 12 ‘tech hubs’ develop quantum computing, biomanufacturing and other technologies](https://fortune.com/img-assets/wp-content/uploads/2024/07/AP24183777115871-e1719915998625.jpg?w=2048)
Biden administration is providing $504 million to help 12 ‘tech hubs’ develop quantum computing, biomanufacturing and other technologies
FortuneThe administration is trying to encourage more technological innovation across the country, instead of allowing it be concentrated in a few metro areas such as San Francisco, Seattle, Boston and New York City.