AI Innovation and Development for Efficiency Act of 2024

This bill directs the National Science Foundation (NSF) to fund competitive research projects developing artificial intelligence (AI) tools for "efficient technologies" - defined as solutions that reduce emissions, conserve resources, improve clean air/water, and support climate resilience. It specifically targets AI applications in smart grids, transportation, agriculture, waste reduction, emissions control, and resource conservation, requiring all funded projects to assess energy consumption impacts. The NSF must prioritize research at EPSCoR institutions (focusing on underfunded regions) and submit two reports to Congress: one within 18 months detailing feasibility and coordination opportunities, and another within 4 years sharing research results. The law directly affects NSF, researchers at eligible institutions, and critical infrastructure sectors integrating these AI technologies.