Anthropic supports California AI bill, despite ongoing concerns

The benefits of California’s revised bill that seeks to regulate how artificial intelligence is developed and deployed in the state likely outweigh the costs, Anthropic said this week.

San Francisco-based Anthropic is a rival to ChatGPT-maker OpenAI and is backed by Amazon (AMZN.O) and Alphabet (GOOGL.O).

California’s proposed bill on AI regulation, SB 1047, advanced by State Senator Scott Wiener, a Democrat, mandates safety testing for many of the most advanced AI models that...