The council gave unanimous approval of the investment Tuesday into America's Frontier Fund, the Albuquerque Journal reported.
America's Frontier Fund, or AFF, is the "first investment platform committed to reinvigorating our nation's innovation and manufacturing prowess in critical frontier technology sectors," according to its website. It combines private and public resources. The technology sectors the fund sees as potentially transformative include microelectronics, artificial intelligence, and new energy.
The money will come from the council's private equity program, which channels funds from New Mexico's Severance Tax Permanent Fund toward venture firms that support local startups.
Bu hikaye Techlife News dergisinin November 26, 2022 sayısından alınmıştır.
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Bu hikaye Techlife News dergisinin November 26, 2022 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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