Loading...
Loading...
Browse all stories on DeepNewz
VisitEffect of SB 1047 on Silicon Valley startup funding in 2025
Increase in funding • 33%
Decrease in funding • 33%
No significant change • 34%
Venture capital funding data and reports
California's SB 1047 to Regulate AI Tools, Impacting Silicon Valley Startups
May 26, 2024, 04:30 AM
California is set to increase regulation of AI tools in the workplace through a proposed AI safety bill, SB 1047. The bill aims to introduce new legal liabilities for AI providers, which critics argue could impose unreasonable legal risks and ossify rigid controls. This legislation is seen as a potential hindrance to American research and development in AI, particularly affecting startups in Silicon Valley and San Francisco. The bill's feasibility is questioned, with concerns that it is not yet technically possible to ensure large AI models are absolutely safe.
View original story