Draft Senate Bill Waives Federal Rules on AI Companies During Testing
Sam Altman, CEO of OpenAI Inc., right, and Senator Ted Cruz, chair of the Senate Commerce, Science, and Transportation Committee, shake hands following a May 8 hearing.
Photographer: Nathan Howard/BloombergA key Republican senator is pressing to waive federal regulations for artificial intelligence companies while they test and develop their products, according to a draft of the bill viewed by Bloomberg News.
The legislation from Commerce Chairman Ted Cruz, whose panel has jurisdiction over the industry, reflects a push by leading tech companies that want minimal governmental interference as they experiment with AI technologies.