The California State Senate introduced legislation, named SB 1047, aimed at regulating AI with provisions such as requiring developers to test large language models for safety and grant the Attorney General access to their unredacted safety and security protocol upon request.

The Safe and Secure Innovation for Frontier Artificial Intelligence Systems Act comes in the wake of AI companies like Anthropic facing lawsuits over copyright infringement claims.

Yahoo Finance senior reporter Akiko Fujita joins Wealth! to break down the copyright lawsuit and the potential legislation focused on regulating AI.

For more expert insight and the latest market action, click here to watch this full episode of Wealth!

This post was written by Nicholas Jacobino