**For the first time, Commerce makes public new NIST draft guidance from the U.S. AI Safety Institute to help AI developers evaluate and mitigate risks stemming from generative AI and dual-use foundation models.** Read the White House Fact sheet on Administration-wide actions on AI. The U.S. Department of Commerce announced today, on the 270-day mark since President Biden’s Executive Order (EO) on...

This week, the U.S. Department of Commerce and Nigeria’s Ministry of Investment, Trade, and Industry and Ministry of Communications, Innovation and Digital Economy demonstrated their commitment to enhancing commercial ties and helping to facilitate increased bilateral trade and investment through a new Memorandum of Understanding (MOU), as well as a joint statement outlining new avenues of...

Proposed CHIPS Investment Would Enable End-to-End Chip Production to Occur in the United States While Creating 2,000 Jobs in Arizona Today, the Biden-Harris Administration announced that the U.S. Department of Commerce and Amkor Technology, Inc. have signed a non-binding preliminary memorandum of terms (PMT) to provide up to $400 million in proposed direct funding under the CHIPS and Science Act...

Funding for 19 transformational projects to reach multiple states and territories under NOAA’s Climate-Ready Coasts initiative as part of Investing in America agenda Secretary of Commerce Gina Raimondo announced today that the Department of Commerce and NOAA are recommending $575 million in funding across 19 projects to boost climate resilience in the nation’s coastal and Great Lakes states and...

The text of the following statement was released by the United States Department of Commerce and the Nigerian Ministry of Communications, Innovation and Digital Economy to bolster collaboration in the digital economy, a key pillar of cooperation outlined in the Memorandum of Understanding signed this week by U.S. Secretary of Commerce Gina Raimondo and Nigeria’s Minister of Investment, Trade, and...

Cross-agency partnership supports Tribal self-determination, advances accessibility, flexibility and equity for Tribes The Departments of Commerce and the Interior today announced a $240 million investment from President Biden’s Investing in America agenda to support fish hatcheries that produce Pacific salmon and steelhead, underscoring the Biden-Harris administration’s commitment to empowering...

A collaborative agreement for use of NOAA satellites will help the Interior and Agriculture Departments detect wildfires early, track wildfires in real time, and provide data for public safety and air quality modeling The Biden-Harris Administration today announced it is taking additional steps to safeguard western communities in the face of increasingly dangerous and intense wildland fires by...

Today, U.S. Secretary of Commerce Gina Raimondo and EU Commissioner for Justice and Consumers Didier Reynders made the following statement regarding the first periodic review of the EU-U.S. Data Privacy Framework: Representatives from the United States Government, the European Commission, and EU data protection authorities are meeting in Washington D.C. on July 18 and 19 to conduct the first...