BPI Statement on NIST Artificial Intelligence Safety Institute Consortium

Washington, D.C. — BPI Executive Vice President and President of BITS Chris Feeney issued the following statement today on the creation of the Artificial Intelligence Safety Institute Consortium:

“BPI supports NIST’s establishment of the Artificial Intelligence Safety Institute Consortium. The Consortium aligns with the industry’s commitment to responsible innovation, and we look forward to supporting NIST as it seeks to establish a framework for the safe and effective deployment of AI.”

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The Bank Policy Institute (BPI) is a nonpartisan public policy, research and advocacy group, representing the nation’s leading banks and their customers. Our members include universal banks, regional banks and the major foreign banks doing business in the United States. Collectively, they employ almost 2 million Americans, make nearly half of the nation’s small business loans, and are an engine for financial innovation and economic growth.

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