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AI News from ET - US lawmaker proposes bill to require AI companies to report critical incidents

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A new bill, the AI Incident Reporting Act, is set to be introduced by Congressman Nathaniel Moran, mandating AI developers to report dangerous capabilities and security breaches to the Commerce Department. This move aims to address growing national security and public safety risks posed by advanced AI models. The legislation requires swift notification to Congress for serious incidents, seeking to establish a proactive safety framework for frontier AI technologies.

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