Trade: business regulation; requirements and safety standards for developers of certain artificial intelligence models; provide for. Creates new act.

Summary

The Artificial Intelligence Safety and Security Transparency Act requires any company that builds large foundation models to create detailed safety and security procedures, post them publicly, and issue regular transparency reports. It also mandates annual third‑party audits and gives employees protection for reporting critical risks. The goal is to prevent AI systems from causing massive harm or enabling illegal activities.

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