California Governor Vetoes Mistargeted AI Bill

Today, California Governor Gavin Newsom vetoed Senate Bill 1047, which proposed sweeping restrictions for AI developers that unfairly preferenced existing AI models at the expense of startup innovators. Days before issuing the veto, Governor Newsom expressed concerns that SB 1047 would have a ‘chilling effect’ on AI development in California. “The California tech economy has… Continue reading California Governor Vetoes Mistargeted AI Bill

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Harris Breaks Silence On Crypto

On Sunday, Vice President Kamala Harris spoke for the first time about digital assets as the Democratic presidential nominee during a fundraiser in New York City. Harris demonstrated openness towards the crypto industry, voicing her intent to “encourage innovative technologies” like digital assets. She also signaled her intent to improve regulatory clarity and strengthen consumer safeguards for… Continue reading Harris Breaks Silence On Crypto

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