Department of Commerce

China Turns to Silicon Valley to Bolster Homegrown AI Firms
China Turns to Silicon Valley to Bolster Homegrown AI Firms
November 19, 2024  |  artificial intelligence

Chinese tech giants are reportedly using Silicon Valley to recruit for their AI projects. Companies such as ByteDance and Alibaba have recently begun expanding their...

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Latest Consumer Data Shows Expenses Grew Faster Than Income in September
Latest Consumer Data Shows Expenses Grew Faster Than Income in September
October 31, 2024  |  Economy

The latest data from the Department of Commerce’s Bureau of Economic Analysis revealed that consumer spending outpaced income growth in September. The news may be...

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Retail Sales Preview: Will July’s Consumer Spending Momentum Continue?
Retail Sales Preview: Will July’s Consumer Spending Momentum Continue?
September 16, 2024  |  Consumer Insights

On Tuesday (Sept. 17), we’ll find out if the July surge in consumer spending — as measured via unadjusted retail sales — has amounted to...

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Proposed Commerce Dept AI Rule Could Hike Costs for Small Businesses, Experts Warn
Proposed Commerce Dept AI Rule Could Hike Costs for Small Businesses, Experts Warn
September 12, 2024  |  artificial intelligence

A new Commerce Department proposal requiring detailed reporting from artificial intelligence (AI) firms threatens to saddle the industry with hefty compliance costs and potentially drive...

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Managing Risk and Uncertainty Headline Commerce Department’s Supply Chain Summit
Managing Risk and Uncertainty Headline Commerce Department’s Supply Chain Summit
September 10, 2024  |  Supply Chain

When it comes to controlling for what’s controllable, supply chain resilience is top of mind. After all, against the backdrop of today’s shifting and dynamic...

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Retail Sales: Consumers Shrug Off Higher Prices and Buy in July
Retail Sales: Consumers Shrug Off Higher Prices and Buy in July
August 15, 2024  |  Economy

The urge to splurge resurged in July as consumers shrugged off inflation and visited on-site retailers to conduct their everyday spending. As reported by the...

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eCommerce Helps Fuel Unexpected Climb in Retail Sales
eCommerce Helps Fuel Unexpected Climb in Retail Sales
April 15, 2024  |  Economy

Retail sales climbed higher than anticipated in March, fueled in part by a jump in eCommerce. Data released Monday (April 15) by the U.S. Department of...

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US and Great Britain Forge AI Safety Pact
US and Great Britain Forge AI Safety Pact
April 02, 2024  |  artificial intelligence

The U.S. and U.K. have pledged to work together on safe AI development. The agreement, inked on Monday (April 1) by U.S. Commerce Secretary Gina Raimondo and U.K....

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NIST Says Defending AI Systems From Cyberattacks ‘Hasn’t Been Solved’
NIST Says Defending AI Systems From Cyberattacks ‘Hasn’t Been Solved’
January 05, 2024  |  Artificial Intelligence

New technologies bring with them new opportunities — and new threats. As we enter the new year, many eyes are on the transformative potential of...

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