The lab will assess the risks and possibilities of artificial intelligence models. Senator Mark Warner and Representatives Don Beyer and Gerry Connolly, all from Virginia, attended the opening…
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SEC Fines Two Investment Firms for “AI Washing”
Chair Gensler says advisors should not claim to use AI when they do not. The Securities and Exchange Commission (SEC) fined two investment companies a combined $400,000 for…
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House Committee Calls for Higher Tariffs on Chinese Drones
Also recommends U.S. drone incentives in a letter to the administration. Representatives of the House China Committee wrote a letter to administration officials on Wednesday urging President Biden’s…
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Transportation Secretary Announces Funding for New Technology
The SMART grant distributes funding to 24 demonstration projects. Transportation Secretary Pete Buttigieg announced the recipients of the 2024 Strengthening Mobility and Revolutionizing Transportation (SMART) Grants Program, selecting…
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Secretary of State Attends 3rd Summit for Democracy in South Korea
He will visit the Philippians after the summit. U.S. Secretary of State Antony Blinken spoke on Monday at the third Summit for Democracy, which South Korea hosted in…
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Education Department Announces Progress on FAFSA Improvements
Secretary says technical updates will not impact implementation timelines. The U.S. Department of Education provided updates on the progress of the 2024–25 Better FAFSA implementation, emphasizing a commitment…
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Commerce Secretary Speaks on CHIPS and Science Act Anniversary
She and the president intend for the U.S. to produce 20 percent of the world’s leading-edge microchips by 2030. Secretary of Commerce Gina Raimondo recently spoke at the…
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Senate Bill Seeks to Strengthen U.S. Tech Standards
Legislators want NIST to counter China’s influence on new technology standards. Senators Mark Warner of Virginia and Marsha Blackburn of Tennessee introduced the Promoting United States Leadership in…
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Treasury Department Sanctions Greek Spyware Vendor
The department states that the Intellexa Consortium was used against U.S. public officials. This week, the Department of the Treasury imposed seven sanctions against the Greek-based spyware vendor…
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Russian Citizen Pleads Guilty to Money Laundering
The individual participated in an illicit international network. The U.S. Department of Justice announced the guilty plea submitted by Russian citizen Maxim Marchenko on the charges of money…
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