Thank you, Manolo, for that introduction. Hello everyone! I’m thrilled to be here to speak with you all about the efforts being made across the Biden-Harris Administration, including over at the Department of Commerce, to support the economic growth and development of Puerto Rico. I’m so pleased to be joined here by Governor Pierluisi and Secretary Cidre, who you all just heard from. I’d like to...

Thank you to the Center for Strategic and International Studies for hosting us. Last February, the Commerce Department rolled out the funding applications for the CHIPS for America program. I said at the time that our effort mirrors the space race – and I meant it. President Kennedy’s historic call to put a man on the Moon spurred an unprecedented effort by the government, private sector, and...

U.S. Secretary of Commerce Gina Raimondo will lead members of the President’s Export Council (PEC) to Bangkok, Thailand from March 13 to March 14, 2024, to identify opportunities for the United States and Thailand to strengthen economic relationships across a number of critical issues, including manufacturing, supply chain resiliency, artificial intelligence, and clean technology. Raimondo...

Today, Secretary of Commerce Gina Raimondo spoke with the Republic of Korea Minister of Trade Cheong In-kyo. The Secretary congratulated Minister Cheong on his appointment as Minister of Trade for the Ministry of Trade, Industry and Energy. The two discussed the strong cooperation between the United States and the Republic of Korea, including through the Indo-Pacific Economic Framework for...

Yesterday, Secretary of Commerce Gina Raimondo spoke with U.K. Secretary of State for Science, Innovation and Technology Michelle Donelan. Building on the momentum achieved at the 2023 U.K. AI Safety Summit in November, Secretary Raimondo underscored the importance of continued U.S.-U.K. collaboration to address issues at the intersection of artificial intelligence and copyright. Secretary...

Today, the Department of Commerce’s National Telecommunications and Information Administration (NTIA) launched a Request for Comment on the risks, benefits and potential policy related to advanced artificial intelligence (AI) models with widely available model weights – the core component of AI systems. These “open-weight” models allow developers to build upon and adapt previous work, broadening...

Good afternoon! I’m so excited to be here. This is a big day and we owe so much of it to Leader Schumer, who was the driving force behind the CHIPS and Science Act. Thank you to your leader, Tom Caulfield. Thank you to Governor Hochul, who has been a steadfast ally; Representative Tonko, who has been an advocate for New York; and Lael Brainard, who is joining us from the White House. And finally –...

U.S. Department of Commerce Outlines $1.5 Billion in Potential Funding to Support Multiple Projects in New York and Vermont and Create Approximately 10,500 Construction and Manufacturing Jobs Today, the Biden-Harris Administration announced that the U.S. Department of Commerce and GlobalFoundries (GF) have signed a non-binding preliminary memorandum of terms (PMT) to provide approximately $1.5...

Today, Secretary of Commerce Gina Raimondo spoke with Australia’s Minister for Trade and Tourism Don Farrell. During the call, Secretary Raimondo thanked the Minister and the Government of Australia for efforts to strengthen our bilateral trade and investment relationship through the U.S.-Australia Strategic Commercial Dialogue. Secretary Raimondo also conveyed her deep commitment to making the...

U.S. Secretary of Commerce Gina Raimondo will travel to Costa Rica next month to highlight the U.S.-Costa Rican bilateral commercial and investment relationship, and to underscore the need for diverse and resilient semiconductor supply chains. During her travel, the Secretary will address the need for geographical diversification of the semiconductor ecosystem to like-minded nations through...