The U.S. House approved a contentious 10-year AI regulation freeze, drawing criticism for hindering state consumer protections, but the measure faces an uphill battle in the Senate due to procedural hurdles.
House Republicans pushed a controversial bill imposing a decade-long freeze on state AI regulations, sparking concerns over potential erosion of consumer safeguards and states' ability to address AI risks like deepfakes and algorithmic bias.
House Republicans controversially proposed a decade-long federal ban on state oversight of AI systems, framing it as promoting innovation but drawing criticism as a 'gift to Big Tech' that disregards consumer privacy and enables deception.
In a controversial move, the Department of Housing and Urban Development (DOGE) has enlisted an inexperienced college student, Christopher Sweet, to lead an AI-driven effort to review and deregulate federal housing rules, raising concerns about the potential impact on housing policies.
The European Union dealt a significant blow to tech giants Apple and Meta, imposing hefty fines of 500 million euros and 200 million euros respectively for violating antitrust regulations, signaling the EU's commitment to reining in the dominance of Big Tech companies despite their objections.
Texas proposes groundbreaking legislation to regulate AI development and use, mandating disclosure, prohibiting manipulation and social scoring, establishing a testing sandbox and oversight council to ensure ethical and responsible AI that protects citizens while fostering innovation.
The Federal Reserve is resisting pressure from the White House and Wall Street to boost Treasury bond purchases, as it aims to avoid the perception of panicking or bailing out specific entities, despite volatile Treasury market conditions, opting for a measured regulatory process that could take months.
Uber halted its self-driving car tests in Arizona after a fatal pedestrian crash, while resuming operations in Pittsburgh and San Francisco, and hired former NTSB Chair Christopher Hart as a safety adviser, demonstrating a commitment to addressing safety concerns.