U.S. Secretary of Commerce Gina Raimondo announced today additional members of the executive leadership team of the U.S. AI Safety Institute (AISI), which is housed at the National Institute of Standards and Technology (NIST). Raimondo named Paul Christiano as Head of AI Safety, Adam Russell as Chief Vision Officer, Mara Campbell as Acting Chief Operating Officer and Chief of Staff, Rob Reich as...

Proposed CHIPS Investment of up to $6.4 Billion Would Complement More than $40 Billion in Private Investment to Support a Comprehensive Semiconductor Cluster for Leading-Edge Logic, Advanced Packaging, and R&D in Taylor, Texas, and Expansion of Austin Fab in Texas Today, the Biden-Harris Administration announced that the U.S. Department of Commerce and Samsung Electronics (Samsung) have signed a...

Today, Secretary of Commerce Gina Raimondo met with Republic of Korea Minister of Trade, Industry, and Energy (MOTIE) Ahn Duk-geun. During their meeting, the Secretary and Minister discussed the progress that MOTIE and the U.S. Department of Commerce have made under the U.S.-Korea Supply Chain and Commercial Dialogue (SCCD), noting in particular the opportunities for increased collaboration on...

On the occasion of the Trilateral Leaders’ Summit Meeting hosted by U.S. President Joseph R. Biden, Jr., in Washington, D.C., today, U.S. Department of Commerce Secretary Gina Raimondo met with Japanese Minister of Economy, Trade, and Industry Saito Ken and Philippine Department of Trade and Industry Secretary Alfredo Pascual for a groundbreaking discussion on our shared interests in strengthening...

On April 4, 2023, the Department of Commerce Office of Faith-Based and Neighborhood Partnerships hosted a roundtable with National Chambers of Commerce leaders to streamline access to resources by unlocking whole of Commerce pathways to economic growth, entrepreneurship, and job creation. The conversation addressed critical opportunities on issues ranging from workforce development to access to...

U.S. Department of Commerce Secretary Gina Raimondo and Japanese Minister of Economy, Trade, and Industry (METI) Saito Ken held the third Japan-U.S. Commercial and Industrial Partnership (JUCIP) Ministerial Meeting in Washington, DC, on April 10. The Secretary and Minister reviewed progress made to date in deepening bilateral economic and commercial cooperation, and discussed how they will...

GDP and Personal Income Rise in All 50 States and the District of Columbia Job creation in March exceeded expectations, with 303,000 jobs added to the U.S. economy, according to the latest report from the Labor Department’s Bureau of Labor Statistics (BLS). Nearly 15.2 million jobs have been created under President Biden and unemployment has remained under 4 percent—the longest stretch in 50 years...

With Up to $6.6 Billion in Proposed CHIPS Direct Funding, TSMC Announces 2 Nanometer Technology at Second Fab and a New Third Fab to Produce 2 Nanometer or More Advanced Chips Proposed CHIPS Investment in Arizona Would Support AI, High-Performance Computing, 5G/6G Communications, and More Applications Today, the Biden-Harris Administration announced that the U.S. Department of Commerce and TSMC...