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Remarks by U.S. Secretary of Commerce Gina Raimondo: Investing in Leading-Edge Technology: An Update on CHIPS Act Implementation

Speeches
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 to Lead President’s Export Council Trip to Thailand 

Press releases
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...

Readout of Secretary Raimondo’s Call with Republic of Korea Minister of Trade Cheong In-kyo

Press releases
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...

Readout of Secretary Raimondo’s Meeting with Secretary of State for Science, Innovation and Technology of the United Kingdom Michelle Donelan

Press releases
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...

NTIA Solicits Comments on Open-Weight AI Models

Press releases
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...

Creating an Equitable Economy for all Americans

Blog
The mission of the U.S. Department of Commerce is to create the conditions for inclusive economic growth and opportunity for all Americans. Last week, in conjunction with Black History Month, Commerce Secretary Gina Raimondo and Deputy Secretary Don Graves participated in several events that echo this mission and showcase the Department’s leading role in building an economy in which all can...

Remarks by Commerce Secretary Gina Raimondo at the GlobalFoundries Announcement

Speeches
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 –...

Biden-Harris Administration Announces Preliminary Terms with GlobalFoundries to Strengthen Domestic Legacy Chip Supply for U.S. Auto and Defense Industries

Press releases
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...