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New American Industrial Alliance launched to advocate for tech investment in manufacturing resurgence

New American Industrial Alliance launched to advocate for tech investment in manufacturing resurgence

CointimeCointime2024/12/11 11:44
By:Cointime

Silicon Valley leaders including General Catalyst, Palantir, and 8VC have launched a new lobby trade group called the New American Industrial Alliance (NAIA). The group aims to be the policy voice of tech companies investing in areas such as weapons, space, and nuclear power, which are seen as crucial to America's manufacturing resurgence. NAIA plans to make recommendations on policy and legislation in the first half of 2021, with a focus on reducing regulation and boosting government support for startup manufacturing businesses. The group is optimistic that its priorities align with the incoming Trump administration's goals and is being advised by former Trump administration officials.

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