Kamala Harris Gets Favorable Economic News Ahead Of Vote
With only days to go before the Nov. 5 election, the presidential campaign of Vice President Kamala Harris got some good news in the form of solid economic readings this …
Commerce Department
US is slowing AI chip exports to Middle East by Nvidia, AMD
US officials have slowed the issuing of licenses to chipmakers such as Nvidia Corp. and Advanced Micro Devices Inc. for large-scale AI accelerator shipments to the Middle East, according to …
Gina Raimondo says ‘we’ve out-innovated China’ amid chips war
Commerce Secretary Gina Raimondo proudly held up the progress of American industry on semiconductor manufacturing Sunday, declaring that the U.S. has “out-innovated” China as the two nations fight to advance …
US blacklisting computer networking company for censorship, web monitoring abroad
The Department of Commerce added computer networking company Sandvine to its blacklist earlier this week, alleging the company supplied equipment “to the Government of Egypt” and engaged in censorship. The …
Top White House aide to lead AI Safety Institute
The Biden administration named a lead for a new institute for artificial intelligence (AI) safety on Wednesday, underlining the White House’s focus on the developing technology. Elizabeth Kelly, an economic …
Biden administration awarding $162M to expand computer chip factories in Colorado, Oregon
The Biden administration announced an agreement Thursday to provide $162 million in federal funding to Microchip Technology to expand production of computer chips domestically, the second tranche of money doled …
Federal watchdog finds more than 1,000 ways government could use AI
A Government Accountability Office (GAO) report released on Tuesday found that federal agencies have more than 1,200 potential uses for artificial intelligence (AI), with over 200 already being employed. “Given …
Looming shutdown sparks worries about CHIPS funding rollout
More than a year after President Biden signed the CHIPS and Science Act into law, the Commerce Department is pushing to get billions of dollars in semiconductor manufacturing and research …
Biden administration restricts more AI chip exports to China
The Biden administration announced new restrictions on the sale of artificial intelligence (AI) chips to China on Tuesday in an effort to crack down on attempts to circumvent earlier export …
Chinese hackers targeted State, Commerce officials in Microsoft breach: reports
State and Commerce Department officials’ email accounts were targeted by Chinese hackers, The New York Times and CNN reported. The hackers targeted the accounts in the weeks before Secretary of …