Preserving American Dominance in Artificial Intelligence Act of 2024

This bill establishes the Artificial Intelligence Safety Review Office within the Department of Commerce to oversee "covered frontier artificial intelligence models" that meet specific technical thresholds (trained with over 100 quintillion operations, broadly capable, or designed for biology/chemistry/nuclear/cyber capabilities). It requires developers of these models to implement red-teaming practices, cybersecurity standards, and conduct pre-deployment evaluations to assess risks related to chemical, biological, radiological, nuclear, and cyber threats. The bill mandates reporting requirements for covered data centers, integrated circuits, and infrastructure-as-a-service providers, and creates a pre-deployment review process where the Office can prohibit deployment if risks are deemed insufficiently mitigated. Non-compliance can result in fines up to $1,000,000 per day or criminal penalties for willful violations.