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Rancho Cordova council approves $5 million for AI and robotics ecosystem with HMCI, MOU with NVIDIA
Summary
The Rancho Cordova City Council on a 4-1 vote authorized a $5 million appropriation and a sole‑source professional services agreement with the Human Machine Collaboration Institute and approved a joint memorandum of understanding with NVIDIA to advance an AI and robotics ecosystem focused on workforce, sustainability and innovation.
The Rancho Cordova City Council voted to authorize the city manager to enter a sole‑source professional services agreement with the Human Machine Collaboration Institute and to appropriate $5,000,000 from the Community Enhancement and Investment Fund to help create a Rancho Cordova AI and robotics ecosystem. The council also authorized the city manager to sign a joint memorandum of understanding with NVIDIA; the motion passed 4‑1.
The initiative, presented by City Manager Michael Runner and Economic Development Manager Laura Fickle, is designed as a two‑year, public‑private effort to attract AI firms, develop workforce pathways and reinvest revenue into local infrastructure. Runner described the proposal as “an innovative new way to approach how we do business in Rancho Cordova,” focusing on power, real estate, connectivity and workforce…
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