SK Hynix lands $450M in federal CHIPS Act funding for Indiana facility

South Korean chip manufacturer SK Hynix Inc. will receive up to $450 million of federal CHIPS Act support to build its $3.87 billion semiconductor packaging facility at the Purdue Research Park in West Lafayette, the federal government announced early Tuesday morning. The U.S. Department of Commerce and SK Hynix signed a non-binding preliminary memorandum of […]... Read More

Push for microchips could reshape Indiana’s economy

Indiana’s economic development conversations are becoming increasingly centered on a high-tech manufacturing industry in which few current Hoosier workers have experience: semiconductors, also called computer chips or microchips. As the federal government hustles to bring the industry back to the United States from foreign shores, Indiana is attempting to snag multibillion-dollar private-sector investments and millions […]... Read More

Indy airport, BMV among those affected by global technology outage

A global technology outage grounded flights, knocked banks and hospital systems offline and media outlets off air on Friday in a massive disruption that affected companies and services around the world and highlighted dependence on software from a handful of providers. Cybersecurity firm CrowdStrike said that the issue believed to be behind the outage was […]... Read More

TechPoint unveils location for 2025 Mira Awards

After a record-breaking event in Indianapolis this year, TechPoint is moving its annual Mira Awards gala north. The growth initiative for Indiana’s tech sector said Thursday that the event will take place at The Palladium in Carmel in 2025.... Read More

Drone Response partners with Oklahoma Dept. of Commerce for innovation hub

Drone Response, an unmanned autonomous vehicle startup out of the University of Notre Dame, recently clinched a partnership with the State of Oklahoma Department of Commerce, a leader in Advanced Air Mobility (AAM) and Unmanned Aerial Vehicle (UAV) technology that includes drones. The technology powering the startup was developed in the research lab of co-founder and Notre Dame faculty member, Jane Cleland-Huang, a professor of computer science. Along with her team of software engineers and researchers, Cleland-Huang, combined machine learning, AI, computer vision, and other advanced technology allowing multiple drones to fly safely as a team and communicate with each other.... Read More