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Industry

Nvidia to invest $1 billion over five years in quantum computing and U.S. science

Nvidia said on Oct. 12 it will invest and provide support totaling $1 billion over the next five years to advance superintelligence technologies in U.S. science and quantum computing. Key target areas include quantum computing, healthcare and energy security. The funding will support U.S. higher-education research institutions, increase investment aimed at strengthening quantum computing leadership, and include support for cloud service providers backing major U.S. government missions.

Industry

Trump\'s \'100% U.S.-made\' tech plan faces reality check as smartphone production costs jump 152%

A new analysis says President Donald Trump\'s push to shift technology product manufacturing entirely to the United States would require major investment and labour. The Consumer Technology Association estimated that relocating full supply chains for 10 widely used products could require $185 billion to $230 billion in capital spending, 555,000 to 668,000 additional full-time workers and up to 19.5 billion kWh a year in power. It said smartphone production costs could rise 152 percent, with consumer prices also likely to increase.

Telecommunications & Media

Korea shifts science and AI policy from strategy to results, focusing on pilots and commercialisation

South Korea\'s science and AI policy is moving from strategy-setting to producing results, with more emphasis on pilot projects and commercialisation, the Ministry of Science and ICT and other agencies said. Since the first ministerial meeting on science and technology on Nov. 24 last year, the government has held 12 meetings through Aug. 24. Early discussions centred on AI strategy and infrastructure such as GPUs, later shifting to R&D commercialisation, data policy, physical AI, agentic AI and autonomous-driving AI roadmaps.