U.S. bipartisan bill requires 'kill switch' for AI models with training costs over $100 million
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A new bipartisan U.S. House bill requires AI models with training costs exceeding $100 million to include a "kill switch" to disable inference and user access. Penalties for noncompliance could reach $2 million per day. Companies must report incidents resulting in 10 or more deaths or $100 million in losses within 15 days. The bill acknowledges that locally downloaded model weights cannot be remotely shut down. Traders monitoring altcoins may observe ripple effects in daily market reports as regulations tighten.
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