Close Menu
Finletix
  • Home
  • AI
  • Financial
  • Investments
  • Small Business
  • Stocks
  • Tech
  • Marketing
What's Hot

Nvidia’s AI empire: A look at its top startup investments

October 12, 2025

I Used ChatGPT to Plan a Trip to Tunisia, While My Partner Used Claude

October 12, 2025

I Turned Down NYU for a Debt-Free Community College Path

October 12, 2025
Facebook X (Twitter) Instagram
Facebook X (Twitter) Instagram
Finletix
  • Home
  • AI
  • Financial
  • Investments
  • Small Business
  • Stocks
  • Tech
  • Marketing
Finletix
Home » California lawmakers pass AI safety bill SB 53 — but Newsom could still veto
AI

California lawmakers pass AI safety bill SB 53 — but Newsom could still veto

arthursheikin@gmail.comBy arthursheikin@gmail.comSeptember 13, 2025No Comments3 Mins Read
Facebook Twitter LinkedIn Telegram Pinterest Tumblr Reddit WhatsApp Email
Share
Facebook Twitter LinkedIn Pinterest Email

[ad_1]

California’s state senate gave final approval early on Saturday morning to a major AI safety bill setting new transparency requirements on large companies.

As described by its author, state senator Scott Wiener, SB 53 “requires large AI labs to be transparent about their safety protocols, creates whistleblower protections for [employees] at AI labs & creates a public cloud to expand compute access (CalCompute).”

The bill now goes to California Governor Gavin Newsom to sign or veto. He has not commented publicly on SB 53, but last year, he vetoed a more expansive safety bill also authored by Wiener, while signing narrower legislation targeting issues like deepfakes.

At the time, Newsom acknowledged the importance of “protecting the public from real threats posed by this technology,” but criticized Wiener’s previous bill for applying “stringent standards” to large models regardless of whether they were “deployed in high-risk environments, [involved] critical decision-making or the use of sensitive data.”

Wiener said the new bill was influenced by recommendations from a policy panel of AI experts that Newsom convened after his veto.

Politico also reports that SB 53 was recently amended so that companies developing “frontier” AI models while bringing in less than $500 million in annual revenue will only need to disclose high level safety details, while companies making more than that will need to provide more detailed reports.

The bill has been opposed by a number of Silicon Valley companies, VC firms, and lobbying groups. In a recent letter to Newsom, OpenAI did not mention SB 53 specifically but argued that to avoid “duplication and inconsistencies,” companies should be considered compliant with statewide safety rules as long as they meet federal or European standards.

Techcrunch event

San Francisco
|
October 27-29, 2025

And Andreessen Horowitz’s head of AI policy and chief legal officer recently claimed that ”many of today’s state AI bills — like proposals in California and New York — risk” crossing a line by violating constitutional limits on how states can regulate interstate commerce.

a16z’s co-founders had previously pointed to tech regulation as one of the factors leading them to back Donald Trump’s bid for a second term. The Trump administration and its allies subsequently called for a 10-year ban on state AI regulation.

Anthropic, meanwhile, has come out in favor of SB 53.

“We have long said we would prefer a federal standard,” said Anthropic co-founder Jack Clark in a post. “But in the absence of that this creates a solid blueprint for AI governance that cannot be ignored.”

[ad_2]

Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
Previous ArticlexAI reportedly lays off 500 workers from data annotation team
Next Article French companies’ borrowing costs fall below government’s as debt fears intensify
arthursheikin@gmail.com
  • Website

Related Posts

Nvidia’s AI empire: A look at its top startup investments

October 12, 2025

Ready or not, enterprises are betting on AI

October 11, 2025

It’s not too late for Apple to get AI right

October 11, 2025
Add A Comment
Leave A Reply Cancel Reply

Top Posts

Intel cuts 15% of its staff as it pushes to make a comeback

July 24, 2025

Tesla’s stock is tumbling after Elon Musk failure to shift the narrative

July 24, 2025

Women will soon be able to request a female Uber driver in these US cities

July 24, 2025

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Welcome to Finletix — Your Insight Hub for Smarter Financial Decisions

At Finletix, we’re dedicated to delivering clear, actionable, and timely insights across the financial landscape. Whether you’re an investor tracking market trends, a small business owner navigating economic shifts, or a tech enthusiast exploring AI’s role in finance — Finletix is your go-to resource.

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

French companies’ borrowing costs fall below government’s as debt fears intensify

September 14, 2025

The Digital Dollar Dilemma: Why Central Banks Are Rushing to Create Digital Currencies

September 1, 2025

FCA opens investigation into Drax annual reports

August 28, 2025
Get Informed

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

© 2026 finletix. Designed by finletix.
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms and Conditions

Type above and press Enter to search. Press Esc to cancel.