""California has proven that we can establish regulations to protect our communities while also ensuring that the growing AI industry continues to thrive," Newsom said in his signing statement. "AI is the new frontier in innovation, and California is not only here for it - but stands strong as a national leader by enacting the first-in-the-national frontier AI safety legislation that builds public trust as this emerging technology rapidly evolves.""
"The vast majority of startups will be exempt, with the bill applying to companies that develop cutting-edge AI models and adding further requirements to those that pull in more than $500 million a year in revenue - including Meta, Google, OpenAI and Anthropic in the Bay Area. Those companies will be required to publicly share how they guard their new models against "catastrophic risk," like helping criminals create a deadly chemical weapon or launch a billion-dollar cyberattack."
California enacted a law forcing major AI developers to publish safety reports when releasing new AI developments and to disclose safeguards against catastrophic risks. The law focuses on large companies and adds extra obligations for firms with more than $500 million in annual revenue, naming Meta, Google, OpenAI and Anthropic among those affected. The measure creates whistleblower protections to encourage employees to report major AI dangers. Most startups are exempt from the law. The law emphasizes transparency about safety practices rather than imposing direct liability on AI developers and follows the expansion of advanced AI since ChatGPT's debut three years ago.
Read at SFGATE
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