Last week, the U.S. Department of Commerce’s (Commerce) Bureau of Industry and Security (BIS) released a Notice of Proposed Rulemaking (NPRM) outlining a new mandatory reporting requirement for large-scale AI developers and...more
We are pleased to share the July 2024 issue of Wilson Sonsini's Sustainability and ESG Advisory Practice Update. Each issue combines news, key legal developments, and resources related to sustainability and environmental,...more
8/1/2024
/ Asia ,
Business Strategies ,
Climate Change ,
Corporate Governance ,
Corporate Social Responsibility ,
Disclosure ,
Environmental Social & Governance (ESG) ,
EU ,
Green Finance ,
Securities and Exchange Commission (SEC) ,
Sustainability ,
U.S. Treasury
New Regulations Will Require Additional Diligence for a Broad Array of Transactions, Including Many Investments in U.S. and Global Businesses -
On June 21, 2024, the U.S. Treasury Department (Treasury) issued a Notice of...more
6/26/2024
/ Artificial Intelligence ,
Biden Administration ,
China ,
Executive Orders ,
Foreign Investment ,
National Security ,
Notice of Proposed Rulemaking (NOPR) ,
Popular ,
Semiconductors ,
Technology Sector ,
U.S. Treasury
The firm is pleased to distribute the Q1 2024 edition of All Eyes on AI: Regulatory, Litigation, and Transactional Developments, which closely follows the evolving regulatory landscape for artificial intelligence (AI) in the...more
5/24/2024
/ Antitrust Division ,
Artificial Intelligence ,
Biden Administration ,
Canada ,
EU ,
Executive Orders ,
FCC ,
Federal Trade Commission (FTC) ,
Financial Services Industry ,
New Legislation ,
Securities and Exchange Commission (SEC) ,
Technology Sector ,
U.S. Treasury ,
USPTO
New rules proposed by the Committee on Foreign Investment in the United States (CFIUS), released on April 11, 2024, can be understood in two ways: the practical effects and signaling effects....more
The United States Government Accountability Office (GAO) recently published a report that highlights the federal government’s increased interest in monitoring domestic violent extremist content on gaming and social media...more
The recent omnibus foreign relations package signed by President Biden on April 24, 2024, includes the Protecting Americans’ Data from Foreign Adversaries Act of 2024 (the Act), a set of sweeping privacy provisions...more
We are pleased to share the March 2024 issue of Wilson Sonsini’s Sustainability and ESG Advisory Practice Update. Each issue combines news, key legal developments, and resources related to sustainability and environmental,...more
3/29/2024
/ China ,
Climate Change ,
Cross-Border Transactions ,
Disclosure Requirements ,
Environmental Protection Agency (EPA) ,
Environmental Social & Governance (ESG) ,
EU ,
Executive Orders ,
Greenwashing ,
PFAS ,
Popular ,
Securities and Exchange Commission (SEC) ,
Singapore ,
Sustainability
On February 28, 2024, President Biden signed Executive Order 14117 (the Order) aimed at protecting Americans’ sensitive personal data and U.S. Government-related data from exploitation by “countries of concern.” This move...more
On January 29, 2024, the U.S. Department of Commerce (Commerce) issued a notice of proposed rulemaking (NPRM) seeking comment on draft rules establishing customer information collection and reporting obligations for certain...more
2/2/2024
/ Artificial Intelligence ,
Biden Administration ,
Cloud Computing ,
Cloud Service Providers (CSPs) ,
Cybersecurity ,
Data Protection ,
Data Security ,
Executive Orders ,
Innovative Technology ,
Machine Learning ,
U.S. Commerce Department
In this latest issue of The Entrepreneurs Report, we've compiled a range of data on venture financing transactions and convertible note financings in which the firm was involved in Q3 2023, with the objective of identifying...more
On October 30, 2023, President Biden announced a sweeping new Executive Order on the Safe, Secure, and Trustworthy Development and Use of Artificial Intelligence (EO). The EO signals an “all-hands-on-deck” approach, with...more
11/3/2023
/ Algorithms ,
Artificial Intelligence ,
Biden Administration ,
Corporate Counsel ,
Executive Orders ,
Innovative Technology ,
Machine Learning ,
NIST ,
Reporting Requirements ,
Risk Management ,
Technology Sector
On September 29, 2023, the National Institute of Standards and Technology’s (NIST’s) CHIPS Program Office released a new funding opportunity announcement (FOA) for the construction, expansion, or modernization of facilities...more
One of the bigger surprises in the history of the Committee on Foreign Investment in the United States (CFIUS) began to unfold in May 2023, when CFIUS posted a new Q&A on the FAQ section of the CFIUS website. The FAQ...more
In February 2023, the National Institute of Standards and Technology’s (NIST’s) CHIPS Program Office published the first Funding Opportunity Announcement (FOA) under the CHIPS and Science Act. The original FOA was initially...more
On March 23, 2023, the National Institute of Standards and Technology (NIST) released a Notice of Proposed Rulemaking (proposed rule) that sets forth the national security guardrails for funding under the CHIPS and Science...more
As described in our client alert earlier this month, the National Institute of Standards and Technology’s CHIPS Program Office published a Funding Opportunity Announcement (FOA) directed towards funding the construction,...more
On February 28, 2023, the National Institute of Standards and Technology’s (NIST’s) CHIPS Program Office published the first Funding Opportunity Announcement (FOA) under the CHIPS and Science Act. This initial FOA is directed...more
On October 20, 2022, the Committee on Foreign Investment in the United States (CFIUS or the Committee) issued its first-ever set of “Enforcement and Penalty Guidelines.” The Guidelines introduce for CFIUS participants a new...more
On September 15, 2022, President Biden signed an Executive Order (EO) detailing certain national security risks that the Committee on Foreign Investment in the United States (CFIUS or the Committee) should consider when...more
This year's version of the annual Committee on Foreign Investment in the United States (CFIUS) report, released on August 2, 2022, and covering calendar year 2021, has a Dickensian quality. As usual, it's a dense work. But...more
On August 9, 2022, President Biden signed into law the CHIPS and Science Act of 2022 (the CHIPS Act), a significant investment in industrial policy that offers, among other things, funding for the development of facilities to...more
U.S. lawmakers have proposed requiring government approval for certain outbound investments, much as today's Committee on Foreign Investment in the United States regime requires a national security review of certain...more
On July 20, 2022, the Secretary of State for the Department for Business, Energy, and Industrial Strategy (BEIS) within the UK government published a final order blocking a proposed licensing arrangement between the...more
On June 16, 2022, the Department for Business, Energy, and Industrial Strategy (BEIS) published its first annual report regarding the National Security and Investment Act 2021 (the NSI Act). The report solely covers the...more