Close Menu
economyuae.comeconomyuae.com
    What's Hot

    Why Switching From the Big Name Brokers Could Be Right for You

    July 1, 2025

    Where Emirates’ upgraded aircraft will be flying

    July 1, 2025

    Brainlab shelves IPO in latest blow to Europe’s struggling listings market

    July 1, 2025
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram
    economyuae.comeconomyuae.com
    Subscribe
    • Home
    • MARKET
    • STARTUPS
    • BUSINESS
    • ECONOMY
    • INTERVIEWS
    • MAGAZINE
    economyuae.comeconomyuae.com
    Home » US Senate rejects plan to stop states regulating AI
    Company 

    US Senate rejects plan to stop states regulating AI

    Arabian Media staffBy Arabian Media staffJuly 1, 2025No Comments2 Mins Read
    Facebook Twitter LinkedIn Telegram Pinterest Tumblr Reddit WhatsApp Email
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Unlock the White House Watch newsletter for free

    Your guide to what Trump’s second term means for Washington, business and the world

    The US Senate has voted down a proposed 10-year ban on states regulating artificial intelligence models, ending a controversial plan supported by Big Tech companies.

    Senators voted by a margin of 99 to one in favour of an amendment to remove the wording from Donald Trump’s flagship tax and spending legislation.

    The vote in the early hours of Tuesday morning came as part of a wider marathon voting session in the Senate over the US president’s “big, beautiful bill”.

    Proponents, including Big Tech companies, argued that the provision to restrict AI regulation was necessary to prevent a raft of inconsistent regional rules that could stifle innovation and lead the US to lose ground to China.

    But it had caused divisions within the Republican party.

    Commerce secretary Howard Lutnick had said on Monday that he supported a five-year curb on state regulation of AI as a compromise, saying in a message on social media site X that the US “must prioritise investment and innovation” if it was “serious about winning the AI race”.

    The proposed moratorium had, however, been criticised by some Republican politicians, who raised concerns about banning states from overseeing a powerful technology with the potential to cause social and economic upheaval.

    AI safety campaigners also warned that relying on self-regulation could have disastrous societal consequences as Silicon Valley competes to release ever more powerful models.

    The provision had been included in the tax and spending bill as part of the US House of Representatives’ version of the proposed legislation.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
    Previous ArticleMy mother, 89, keeps getting her credit card scammed. I buy her a new one and it happens again. What’s going on?
    Next Article Hyundai seeks to ride Chinese coat tails to grab market share in Europe
    Arabian Media staff
    • Website

    Related Posts

    Brainlab shelves IPO in latest blow to Europe’s struggling listings market

    July 1, 2025

    Peat bogs and oyster farms vie for a spot in your pension fund

    July 1, 2025

    Warner Music and Bain target $300mn Red Hot Chili Peppers catalogue deal

    July 1, 2025
    Add A Comment
    Leave A Reply Cancel Reply

    Top Posts

    10 Trends From Year 2020 That Predict Business Apps Popularity

    January 20, 2021

    Shipping Lines Continue to Increase Fees, Firms Face More Difficulties

    January 15, 2021

    Qatar Airways Helps Bring Tens of Thousands of Seafarers

    January 15, 2021

    Subscribe to Updates

    Your weekly snapshot of business, innovation, and market moves in the Arab world.

    Advertisement

    Economy UAE is your window into the pulse of the Arab world’s economy — where business meets culture, and ambition drives innovation.

    Facebook X (Twitter) Instagram Pinterest YouTube
    Top Insights

    Top UK Stocks to Watch: Capita Shares Rise as it Unveils

    January 15, 2021
    8.5

    Digital Euro Might Suck Away 8% of Banks’ Deposits

    January 12, 2021

    Oil Gains on OPEC Outlook That U.S. Growth Will Slow

    January 11, 2021
    Get Informed

    Subscribe to Updates

    Your weekly snapshot of business, innovation, and market moves in the Arab world.

    @2025 copyright by Arabian Media Group
    • Home
    • Markets
    • Stocks
    • Funds
    • Buy Now

    Type above and press Enter to search. Press Esc to cancel.