Biden administration awards $1 billion for economic projects

President Joe Biden looks on as Secretary of Commerce Gina Raimondo speaks before the President signs the "CHIPS and Science Act of 2022" during a ceremony on the South Lawn of the White House, Tuesday, Aug. 9, 2022, in Washington. (AP Photo/Carolyn Kaster)

President Joe Biden and Commerce Secretary Gina Raimondo are announcing on Friday $1 billion worth of federal grants for manufacturing, clean energy, farming, biotech and other sectors that will go to 21 regional partnerships.

Georgia will receive $65 million for artificial intelligence as part of the awards.

The winners were chosen from 529 initial applicants vying for grants that were part of last year’s $1.9 trillion coronavirus relief package. The Biden administration has repeatedly laid out a vision for the economy that is more self-sufficient and driven by high-tech manufacturing and the development of renewable energy.