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Stock impact report

US lawmakers unveil bill to make it easier to restrict exports of AI models [Reuters]

Meta Platforms, Inc. - Class A (META) 
Company Research Source: Reuters
WASHINGTON, May 9 (Reuters) - A bipartisan group of lawmakers unveiled a bill late Wednesday that would make it easier for the Biden administration to impose export controls on AI models, in a bid to safeguard the prized U.S. technology against foreign bad actors. The bill, sponsored by House Republicans Michael McCaul, John Molenaar, Max Wise and Democrat Raja Krishnamoorthi, would also give the Commerce Department express authority to bar Americans from working with foreigners to develop AI systems that pose risks to U.S. national security. Report this ad The legislation aims to bulletproof any future AI export regulations from legal challenges. It comes that U.S. adversaries could use the models, which mine vast amounts of text and images to summarize information and generate content, to wage aggressive cyber attacks or even create potent biological weapons. Reuters that the United States is poised to open up a new front in its effort to safeguard U.S. AI from China and Ru Show less Read more
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