Today, President Joseph R. Biden signed an Executive Order (EO) to build U.S. capacity to evaluate and mitigate the risks of Artificial Intelligence (AI) systems to ensure safety, security, and trust, while promoting an innovative, competitive AI ecosystem that supports workers and protects consumers. The U.S. Department of Commerce will play a key role in implementing the EO, combining sophisticated standards and evaluation capabilities with a robust combination of reporting requirements and voluntary measures. Specifically, the National Institute of Standards and Technology (NIST), the Bureau of Industry and Security (BIS), the National Telecommunications and Information Administration (NTIA), and the U.S. Patent and Trademark Office (USPTO) will be responsible for carrying out a significant portion of the EO’s objectives.