US targets advanced AI and cloud firms with new reporting proposal

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The US Department of Commerce’s Bureau of Industry and Security (BIS) plans to introduce mandatory reporting requirements for developers of advanced AI models and cloud computing providers.

The proposed rules would require companies to report on development activities, cybersecurity measures, and results from red-teaming tests, which assess risks such as AI systems aiding cyberattacks or enabling non-experts to create chemical, biological, radiological, or nuclear weapons.

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