Directs the National Institute of Standards and Technology to develop a structured template and guidelines for documenting artificial intelligence.
The bill, known as the "Resources for Evaluating and Documenting AI Models" or "READ AI Models Act," mandates the National Institute of Standards and Technology to create a structured template and technical guidelines for documenting artificial intelligence models and their associated data. The template will include relevant metrics, benchmarks, and voluntary consensus-based technical standards. The Director is required to collaborate with various entities, including private sector organizations, institutions of higher education, and international standards organizations.
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