Big Tech just notched a huge win in California with an AI bill veto
Briefly

"This veto is a setback for everyone who believes in oversight of massive corporations," Sen. Wiener said in a statement. The rejection signifies lost opportunities for regulatory frameworks.
Gov. Newsom expressed concerns that the bill might have a 'chilling effect' on AI development, emphasizing the need for California to maintain its lead in the sector.
"The bill applies stringent standards to even the most basic functions - so long as a large system deploys it," Newsom stated, critiquing its broad application.
The vetoed bill aimed to establish measures for companies spending $100 million on AI training, including safety incident reporting and whistleblower protections, highlighting ongoing regulatory challenges.
Read at Business Insider
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