Illinois Becomes Latest State to Legally Require AI Safety Audits, Fining Violators Up to $3 Million
Illinois Governor JB Pritzker signs SB 315 into law, making Illinois the latest state to legally require AI safety audits for companies earning $500 million or more, mandating public safety disclosures, third-party evaluations, and catastrophic risk assessments, with fines up to $3 million for repeat violations when the law takes …