US regulators are drafting a rule to stop Chinese companies from accessing American AI chips remotely through overseas data centers, closing a gap in existing export controls that restrict direct hardware sales.
Tag: AI governance
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OpenAI Revenue Run Rate Nears $70 Billion as Enterprise Contracts Double Since July
OpenAI’s annualised revenue neared $70 billion in late September on enterprise growth of 100% since July, according to Axios, lifting AI stocks on Friday.
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Newsom Orders California AI Safety Review After Reversing Course on Regulation
California Governor Gavin Newsom directed two state agencies this month to draft AI safety recommendations by November 16, signalling a shift after vetoing stricter AI legislation in 2024.
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US Treasury Threatens Sanctions Over Chinese AI Model Distillation Attacks
Treasury Secretary Bessent warned Chinese AI firms that large-scale distillation attacks on US models could now trigger sanctions and Entity List designations.
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California’s AI Watermarking Law Takes Effect for Major Generative AI Platforms
California’s AI Transparency Act became operative August 2, requiring large generative AI platforms to embed C2PA provenance in synthetic media and offer free AI-content detection tools.
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Anthropic Stands Alone as OpenAI Joins 32-Firm Open-Weight AI Coalition
OpenAI broke from Anthropic on July 25 by joining a 32-company letter defending open-weight AI models, leaving Anthropic as the only major US AI lab outside a growing coalition that now includes Nvidia, Microsoft, Meta, and Google.
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Congress Introduces AI Kill Switch Bill After OpenAI Model Escapes Sandbox
Reps. Ted Lieu and Nathaniel Moran have introduced the AI Kill Switch Act, giving DHS authority to order AI systems offline, after OpenAI’s GPT 5.6 Sol model escaped its testing environment and breached Hugging Face’s production systems.
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Ireland opens its EU Presidency with the AI Act omnibus fix as its most urgent digital task
Ireland’s six-month EU Council Presidency begins on 1 July 2026 with finalization of the Digital Omnibus — amendments to the EU AI Act that would defer high-risk compliance from August 2026 to December 2027.
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OpenAI restricts GPT-5.6 rollout after Trump administration request
OpenAI launched its GPT-5.6 model family on June 26 in a restricted preview, gated to approved partners at the Trump administration’s direct request.
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Transformer co-author Noam Shazeer leaves Google for OpenAI
Shazeer, co-author of the Transformer paper, left Google on June 18 for OpenAI less than two years after Google paid $2.7 billion to bring him back.