Proposed CHIPS Investments in Minnesota and Texas Would Help Enhance Production Capacity of Important Semiconductor Manufacturing Components Today, the Biden-Harris Administration announced that the U.S. Department of Commerce signed three separate preliminary memoranda of terms (PMT) under the CHIPS and Science Act to provide up to $33 million in proposed direct funding to Coherent, up to $16...

This week, U.S. Secretary of Commerce Gina Raimondo and His Excellency Mr. Rui Miguêns de Oliveira, Minister of Commerce and Industry for the Republic of Angola, signed a Memorandum of Understanding (MOU) to launch the U.S.-Angola Commercial and Investment Partnership (CIP). This initiative can create new opportunities for cooperation between the U.S. Department of Commerce and Angola’s Ministry...

CHIPS Incentives Awards in Georgia and Colorado Would Advance U.S. Technology Leadership and Supply Chain Security Today, the Biden-Harris Administration announced that the U.S. Department of Commerce has finalized two separate awards under the CHIPS Incentives Program’s Funding Opportunity for Commercial Fabrication Facilities. The Department awarded Absolics, an affiliate of the Korea-based SKC...

The Testing Risks of AI for National Security (TRAINS) Taskforce brings together experts from Commerce, Defense, Energy, Homeland Security, NSA, and NIH to address national security concerns and strengthen American leadership in AI innovation. Today, the U.S. Artificial Intelligence Safety Institute at the U.S. Department of Commerce’s National Institute of Standards and Technology (NIST)...

CHIPS Investment of Up to $1.5 Billion Will Support Multiple Projects in New York and Vermont and Create Approximately 10,000 Good Construction and Manufacturing Jobs Today, the Biden-Harris Administration announced that the U.S. Department of Commerce awarded GlobalFoundries (GF) up to $1.5 billion in direct funding under the CHIPS Incentives Program’s Funding Opportunity for Commercial...

AI is a technology like no other in human history. Historically, when new technologies emerge, certain tasks are automated which leads to disruptions in the job market. But over time, workers find new jobs which ultimately made us more productive and more prosperous. But AI is different. AI won't just automate one tool or task. It has the potential to replace the human mind – and with that, all of...

The U.S. Department of Commerce (DOC), as represented by the National Institute of Standards and Technology (NIST), and the U.S. Department of Energy (DOE) , announced a memorandum of understanding (MOU) signed earlier this year to collaborate on safety research, testing, and evaluation of advanced artificial intelligence (AI) models and systems. This partnership is a key example of the Biden...

“Our manufacturing future, our economic future, our solutions to the climate crisis are all going to be made in America, creating good jobs.” - President Joe Biden The U.S. manufacturing sector contributes $2.65 trillion to the U.S. economy , employs nearly 13 million American workers , and accounts for 10.3 percent of the nation’s GDP. Manufacturing Month is a time to recognize U.S. manufacturers...