US Secretary of Commerce Gina Raimondo shared that OpenAI, Google, and other AI companies will soon have to notify the government about developing foundation models under a new Defense Production Act requirement. This is part of President Biden's AI executive order from last October mandating notification for any foundation model posing serious national security, economic, or public health risks. Foundation models like GPT-4 and Gemini that power generative chatbots will require disclosure, but GPT-4 is likely below the computing power threshold for now.