https://techcrunch.com/2018/07/24/darpa-details-75-million-initiative-to-reinvent-chip-tech/

The Defense Department’s research arm, DARPA, is throwing a event around its “Electronics Resurgence Initiative,” an effort to leapfrog existing chip tech by funding powerful but unproven new ideas percolating in the industry. It plans to spend up to $1.5 billion on this over the years, of which about $75 million was earmarked today for a handful of new partners.

The ERI was announced last year in relatively broad terms, and since then it has solicited proposals from universities and research labs all over the country, arriving at a handful that it has elected to fund.