Today, the U.S. Department of Commerce announced further progress in operationalizing the landmark Indo-Pacific Economic Framework for Prosperity (IPEF) Agreement Relating to Supply Chain Resilience (Supply Chain Agreement) with the conclusion of the inaugural virtual meetings of the three supply chain bodies established under the Agreement – the Supply Chain Council, the Crisis Response Network,…

Announcements made at the inaugural event included $20 million in philanthropic support for the Good Jobs Economy initiative, including for regions designated as Regional Tech Hubs under the Biden-Harris Administration’s landmark investment program. On July 23, the Biden-Harris Administration announced a series of actions and commitments from the U.S. Department of Commerce’s Economic Development Administration…

**For the first time, Commerce makes public new NIST draft guidance from the U.S. AI Safety Institute to help AI developers evaluate and mitigate risks stemming from generative AI and dual-use foundation models.** Read the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…

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…

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…

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 Tribal Nations and fulfilling the federal…

Biden-Harris Administration Advances Early Wildfire Detection by Expanding Use of Satellites as Part of Investing in America Agenda KCPullen@doc.gov Tue, 07/23/2024 – 13:07 Environmental data Weather and satellites FOR IMMEDIATE RELEASE Tuesday, July 23, 2024 Office of Public Affairs publicaffairs@doc.gov A collaborative agreement for use of NOAA satellites will help the Interior and Agriculture Departments…