The Technology Modernization Fund (TMF) aims to allocate investments towards initiatives expediting the implementation of artificial intelligence tools throughout the federal government.

According to Clare Martorana, TMF Board Chair and Federal Chief Information Officer, the fund has identified over 700 use cases where AI is being deployed across the federal government.

Use cases include anticipating and mitigating prescription drug shortages and supply chain issues, and assisting cyber forensic specialists in detecting anomalies and potential threats in federal civilian networks.

“Use of the TMF has the potential to accelerate AI usage in government and unlock the innovation that we know we are capable of delivering for the public,” Martorana said. 

Agency proposals seeking US$6 million or less and having a project timeline of no more than 1.5 years will receive an expedited review process for investment in an effort to help agencies achieve positive outcomes and impact quickly, the release said.

Last month, TMF announced investments worth US$ 71 million into the Department of Justice (DoJ), General Services Administration (GSA), and Armed Forces Retirement Home (AFRH) to address security vulnerabilities and deliver better customer experience.

Established in 2018,  TMF is dedicated to revolutionizing the government’s utilization of technology to serve the American public in an equitable, secure, and user-centric manner.