Jack Hidary's SandboxAQ wins $500 million CHIPS award for AI chipmaking materials

The Commerce Department deal gives the U.S. a minority stake and pushes SandboxAQ from model vendor into industrial policy contractor.

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Primary source: Reuters

Why it matters

The award puts SandboxAQ at the center of a harder AI market: using models to change the physical inputs of chipmaking, not just software workflows.

Illustration of a semiconductor wafer beside government emblems and a SandboxAQ name, representing the Commerce Department CHIPS award for AI chipmaking materials.

Jack Hidary's SandboxAQ signed a definitive agreement with the U.S. Department of Commerce for a $500 million CHIPS Research and Development award to use AI to discover semiconductor materials, a deal…

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