California's AI Regulation Bill Gains Support Despite Industry Concerns

Revised legislation aims to balance innovation with safety, addressing tech giants' objections.

Anthropic supports the revised AI bill, citing improved balance between benefits and costs.
The bill mandates safety testing and a 'kill switch' for advanced AI models exceeding $100 million in development costs.
Tech companies like Google and Meta argue the bill could stifle innovation and drive talent out of California.
The revised bill no longer includes a government AI oversight committee, following feedback from the tech industry.
The legislation awaits a final vote in the California Assembly before potentially becoming law.