Gov. Gavin Newsom signed a major safety law on artificial intelligence, creating one of the strongest sets of rules about the technology in the nation.
Most plans to regulate data centers died in the state’s Legislature this year, despite a nationwide backlash. Two surviving bills aim to promote disclosure of energy and water use.
A secretive appropriations process in the California Legislature killed or reined in three bills regulating the use of pricing algorithms, although some AI regulation survived the legislative axe, including a bill that would outlaw pricing software algorithm use in contracts.
San José now has 91 venture-backed AI companies valued at approximately $6 billion. The four winning companies are among 23 AI startups worth $1.3 billion in downtown San José.
AI can help businesses charge you more based on how it evaluates your personal history and desires. California lawmakers want to end that price discrimination.
Alexander Beckman, 41, and his wife Valerie Lau Beckman, 38, of San Francisco, were arrested on Jan. 24 on charges of bank and wire fraud in connection with AI services for the nation's major sports leagues and biggest team franchises.
Two of Google’s A.I. researchers, Demis Hassabis and John Jumper, shared the Nobel Prize in Chemistry, just hours after the Justice Department started spelling out plans that could lead to its break up.
California was nearly $2 billion over forecast in corporate tax receipts this summer, including by $844 million in July. A tax change meant to help the budget deficit helped drive the surge.
The California legislation would have required tech companies to test AI for harm to society. It attracted opposition from numerous members of Congress and major AI companies including Google, Meta, and OpenAI.
The sprawling bill that offers protection to whistleblowers and citizens was approved 32-1 by the state Senate in May faces a vote in the Assembly Appropriations Committee on Thursday and must win final approval by Aug. 31 to reach Gov. Gavin Newsom’s desk this year.