The Department of Commerce has announced that about $285 million in funding is available for eligible participants in the first CHIPS Manufacturing USA Institute, which will develop, validate and use digital twins for manufacturing semiconductors. Launched under the CHIPS for America Program, the institute will operate as part of 17 Manufacturing USA institutes tasked to […]
The Technology Advisory Committee of the Commodity Futures Trading Commission has made five recommendations to address the impact of artificial intelligence on the financial market. In the “Report on Responsible AI in Financial Markets,” the committee disclosed several findings, including the importance of having appropriate industry engagement and relevant guardrails to ensure potential vulnerabilities associated […]
A new report by the National Science and Technology Council subcommittee on research and development infrastructure identifies limitations in federal research and development infrastructure. The report, released by the Office of Science and Technology Policy, cites inadequate funding and outdated systems as key factors limiting the capabilities of federal research facilities and hindering agencies’ ability […]
The Internal Revenue Service has reported progress in modernizing its technology, but a funding shortage threatens to derail its efforts. The IRS faces a funding shortfall as resources allocated by the Inflation Reduction Act for digital modernization initiatives are expected to run out in fiscal year 2026, FedScoop reported. To maximize progress before the funding […]
The Department of Commerce has launched the CHIPS Women in Construction Framework, an initiative designed to boost female participation in semiconductor construction projects funded by the Creating Helpful Incentives to Produce Semiconductors program. The initiative aligns with Commerce Secretary Gina Raimondo’s broader Million Women in Construction program, which aims to double the number of women […]
The Commodity Futures Trading Commission has named Ted Kaouk as its first chief artificial intelligence officer. His appointment expands his existing responsibilities as the CFTC’s chief data officer and director of the data division. In his new role, Kaouk will be in charge of developing an enterprise data and artificial intelligence strategy to improve data-driven […]
National Archives and Records Administration employees are prohibited from using ChatGPT for work starting Monday. In a memo to employees, Keith Day, NARA’s chief information security officer, cited media reports indicating that the large language models of ChatGPT and other AI services now hold personally identifiable and corporate proprietary information. “If sensitive, non-public NARA data […]
The Department of Energy has announced a variety of initiatives in support of President Joe Biden’s executive order on the safe, secure and trustworthy development and use of artificial intelligence. Among its new efforts supporting Biden’s AI plan is the VoltAIC project, which aims to use the $13 million grant to develop AI-enabled solutions to […]
The Federal Aviation Administration is taking a cautious approach to integrating artificial intelligence into its operations amid the unique challenges it faces with the emerging technology. FAA acting Administrator Polly Trottenberg said that while the FAA continues to face hurdles in deploying AI, it has already started using predictive analysis, machine learning and AI to […]
The National Science Foundation presented its quantum information science and technology research projects before Congress Tuesday in hopes of securing continued funding. The event comes after Congress imposed a budget cut on the NSF for fiscal year 2024, allocating $9.06 billion, which is lower than the 2023 funding level and President Joe Biden’s budget request, […]
