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The best AI bill yet may not get far

The Great American AI Act, a 269-page bill from Reps. Obernolte and Trahan, is the most serious AI safety proposal yet, authorizing a $100 million Center for AI Standards and Innovation and requiring third-party audits of frontier developers. However, the bill faces deep division among safety advocates over its three-year preemption of state AI development laws, which critics warn could block stronger state-level protections on child safety and frontier regulation. The bill’s ultimate impact hinges on whether its promised enforcement teeth — requiring companies to follow auditor recommendations on catastrophic risks — survive the legislative process and whether the preemption trade-off proves acceptable.

read18 min publishedJun 5, 2026

Transformer Weekly: The Obernolte-Trahan AI Act, Trump’s executive order, and Anthropic discusses a

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NEED TO KNOW #

President Trump signed an executive order establishing a voluntary evaluation and early-access framework for frontier AI models.Senior

Trump administration officials have reportedly discussed the governmentacquiring equity stakes in major AI companies, withSam Altman floating the idea of OpenAI voluntarily ceding shares to the government.Anthropic called for the world to have “the option to slow or**temporarily ** frontier AI development,” warning that recursive self-improvement might be closer than many believe.

But first…

THE BIG STORY #

The Great American AI Act — the long-awaited bill from Reps. Obernolte and Trahan, released in “discussion draft” form yesterday — is the best, most serious AI safety bill yet. But the AI safety community is divided over the big question: is it good enough?

At 269 pages, GAAIA contains plenty of excellent stuff. It would formally authorize the Center for AI Standards and Innovation with a $100m annual budget. It would adopt a transparency framework similar to SB 53 and the RAISE Act. And it would establish a range of initiatives to try to improve our understanding of how AI impacts the labor market.

Its best section is on “independent verification organizations” — a fancy word for third-party audits. Here, GAAIA is stronger than even Illinois’ recently-passed SB 315: it tasks CAISI with establishing a licensing regime for IVOs, and requires frontier AI developers to retain an IVO for regular audits. Those audits assess not just whether the company is following its own safety framework, as in SB 315, but also whether what the company is doing is adequate for tackling catastrophic risks — and if not, what the IVO thinks the company should be doing differently.

As I understand it, the current text doesn’t have teeth to force a company to follow the IVO’s recommendations, but a Trahan aide told me that the bill they’ll introduce will require companies to do exactly what the IVO deems necessary to reduce catastrophic risks. If true, that would create an extremely strong bill — fulfilling many AI safety advocates’ biggest wishes.

**But every silver lining has a cloud. **And in this case, the cost is preemption — the most controversial part of the bill by far. GAAIA calls for three-year preemption of all state bills concerned with the “development” of AI models, though it still allows for bills concerned with “deployment.” The authors have pitched this as narrowly targeted to frontier-safety, but many disagree: as it stands, the clause could potentially preempt some bills concerning child safety, without providing an adequate federal replacement.

Even if the scope of preemption is narrowed (unlikely, given some senior Republicans already consider it too narrow), it would preclude states from ratcheting up frontier safety bills — forcing any future interventions to happen at the federal level, which has thus far yielded no wins.

Some think that’s a worthwhile trade. As Anton Leicht argues, implementing this bill would begin the process of building up the federal infrastructure that is desperately needed to adequately govern AI. The alternative — hoping that a Democrat-controlled Congress will be able to pass something better — comes at the expense of time. Given the immense urgency of regulating AI, that could be a very expensive price to pay.

In practice, the debate might be academic. AI safety advocates are not the ones who will decide if this bill lives or dies. House Democrats, reluctant to hand Republicans a win before the midterms, have signaled they will strongly oppose GAAIA; House GOP leadership is reportedly skeptical too. Even if GAAIA is a deal worth making, Washington’s dysfunction seems likely to prevent it from going anywhere.

— Shakeel Hashim

THIS WEEK ON TRANSFORMER #

Trump’s AI executive order was inevitableShakeel Hashim on why opposition to all regulation was always doomed—Do voters care about existential AI risks? One Senate candidate thinks soVeronica Irwin profiles Mallory McMorrow and her unusually detailed AI agenda

THE DISCOURSE #

Policy wonks reacted to Trump signing an AI executive order: Dave Kastenthinksthe new 30-day review period is a “reasonable compromise,” but:“The bigger question is what transparency the government gets into internal deployments of powerful models: remember, we now know Mythos was released internal to Anthropic about a month before the US government knew of it.”

Dean Ballis“fairly confident this is a mistake”:“This is a fairly major win for the safety contingent within the Admin, and a significant loss for the Sacks/accelerationist wing, and is surprising to me.”

“I continue to think this EO is a mistake. This is clearly teeing up the infrastructure for a model licensing regime, and the fact that the administration is classifying the details of how this ‘voluntary’ system will work is egregious.”

Zak Kukofftweeted:“I suspect one day we’ll look back at this admin as the last to have both safetyists and accelerationists under one roof — the same way we view Nixon as perhaps the last Republican to house both liberals and conservatives in his administration.”

**Anton Leicht **and Dean Ball make the case for betting on human agency as AI disrupts the labor market: “The role of humans in future economies is not something we simply

discoveras it occurs. How we distribute tasks between humans and machines is largely downstream of a web of complicated economic incentives and technical features…and when policy makers ask ‘what will happen,’ they fail to see that they’re among the central live players in this question.”“The attitude we suggest you take on this issue is uncomfortable … it asks you to bet on humans to figure out what to do, but not to idly sit back and watch it play out. Instead, we ask governments to take their thumb off the scale wherever they currently hinder human experimentation, and build the capacity to remain watchful enough to steer the trajectory back on track if we must.”

Kevin Roose overheard this question inside an AI company: “How are you spending the last 300 days of work?”

**roon **tweeted: “the frontier labs don’t have ‘comms problems’. reality right now has a comms problem. what is happening is a little scary and there’s no nice words anyone could say, especially not those profiting from it, that’ll make it feel that much better”

“you dont have to believe in existential risk or job loss for this to be scary: ai is real, you can replicate human thoughts in machines. it is redefining what it means to be human. even if they are strictly corrigible tools that do what we ask, this can be traumatic”

L. M. Sacasas argued that while AI can feel demoralizing, it doesn’t have to:

“We’ve made machines that can fly faster and farther than the swallow-tailed kite, but in no way does it follow that the kite should cease from its flight or that it is somehow diminished because of the advent of flying machines.”

“Why should I cease from inhabiting the playground of language because a machine can pretend to play in it as well? Why should I abandon the exercise of judgment or the pursuit of knowledge? … Do not resign from life. Let us do what it is ours to do because it is good for us to do it.”

POLICY #

President Trumpsignedan AI executive order, creating a voluntary regime for government testing of frontier models and early-access to models with advanced cyber capabilities.The signing was

seen asa victory forChief of Staff Susie Wiles,**Treasury Secretary Scott Bessent andNational Cyber Director Sean Cairncross,** who had revived the EO after it was pulled by Trump at the last minute last week.David Sacks, who had led attempts to quash the EO, tried tospinthis one as a win.OpenAIconfirmedit will comply with the EO.

The

NSA isreportedlyusingMythos to conduct offensive cyber operations, possibly with the help of several Anthropic staff embedded at the agency.It is the latest sign that the Trump administration’s fight with the company is

easing. Senior Trump administration officials have reportedly

discussedthe governmentacquiring equity stakes in major AI companies.Sam Altman has reportedly pitched Trump on the idea ofOpenAI voluntarily ceding shares to the government.

Earlier this week,

Sen. Bernie Sandersannouncedlegislation to create a sovereign wealth fund by taxing major AI companies 50% of their stock.He follows other

proposalsto tax AI companies in various ways fromSen. Elizabeth Warren, who is pursuing a data center tax,** Rep. Greg Casar**, who proposed a token tax, and** Sen. Ron Wyden**’s tech company levy for worker displacement programs.** OpenAI**’s** Joshua Achiam**claimedthat the public already owns about 26% of OpenAI through the** OpenAI****Foundation**. (He got alotofpushback.)

The

Bureau of Industry and Securityissuedguidance to “clarify” that licenses are required for advancedAI chip exports to China-headquartered firms outside China.Sen. Elizabeth Warrenpressed** Nvidiaon export control compliance after Supermicro’sco-founder was indicted for allegedly smuggling Nvidia chips to China**.At least seven

Chinese universities with military ties, including two blacklisted by the US Commerce Department, are reportedlyseekingaccess toNvidia’s****H200 chips through third-party brokers and compute leases.

Sen. Elissa Slotkinintroducedlegislation to bar the** Defense Departmentfrom using AI to spy on Americans or launch nuclear weapons, with the aim of incorporating the bill into the 2027 National Defense Authorization Act**.** Sens. Coonsand Reed**plan tointroducea similar bill next week.

The

House Energy and Commerce CommitteethinksChina is fuelingdata center****opposition in the US, and asked the White House to look into it more.The

New York state legislaturepasseda bill that would establish a one-yearmoratorium on data centers,co-sponsoredby NY-12 candidateAlex Bores.Illinois

Gov. JB Pritzkersuspendedtax breaks for data centers.Florida Attorney General James Uthmeiersued** OpenAIand Sam Altman**, alleging the company has knowingly caused harm in its “insatiable quest to win the AI arms race and amass large fortunes.”Florida GOP gubernatorial frontrunner

Byron Donalds said hedisagreeswith Trump about federal preemption of state AI laws. Scott Wienerfinished firstin his primary to represent San Francisco in the House, a seat currently held by former Speaker Nancy Pelosi.The election now goes to a runoff with city supervisor

Connie Chan.

The

EUunveiledatech sovereignty plan requiring governments to store critical data on EU-owned cloud services and tripling data center capacity, aiming to reduce dependence on US and Asian tech companies.Separately, the

European Commission alsoappointeda 60-member Scientific Panel and a 174-member Advisory Forum to support enforcement of theEU AI Act.The panel includes many names familiar to

Transformerreaders, includingYoshua Bengio,** Miles Brundageand Markus Anderljung**.

Chinaexpanded** trade secret protections**to include data and algorithms, targeting tech leaks.Canadian Prime Minister

Mark Carneyunveiledan AI strategy projecting250,000 new jobs by 2031 and a3% GDP boost, including a C$500m fund for homegrown AI firms.Argentine President

Javier Mileiproposedlegislation creating “non-human corporations” operated by AI agents with limited liability protections.

INFLUENCE #

Sam Altman stopped in DC tomeetTrumpadmin officials,Speaker Mike Johnson, Minority Leader Hakeem Jeffries,and** Sen. Bernie Sanders**, among others.The meetings came as OpenAI

releasedafrontier AI policy blueprint.It calls for CAISI to perform a mandatory evaluation process of “the most capable frontier models,” but says it should not be allowed to “approve or block deployments.”

Sam Altman,** Dario Amodeiand Demis Hassabis**signeda letter urging Congress to requirescreening of synthetic DNA/RNA orders to prevent AI-enabled bioweapons.OpenAI also

releaseda biodefense action plan this week.

Lots of AI safety groups came out against the

Obernolte/Trahan****bill,including** Americans for Responsible Innovation**andthe** Alliance for Secure AI**.Accelerationist super PAC

Leading the Future and pro-safety super PACPublic First bothplan to spendon behalf ofRep. Kevin Hern in Oklahoma.Leading the Future was also caughtoperatingsockpuppet Twitter accounts, including a fake anti-AI activist that put out violent rhetoric.Leading the Future’s 501(c)(4) group

fessedup to it, saying they were “parody meme accounts run by an outside vendor.”

Earlier in the week,

OpenAIdistanceditself from** Leading the Future**, saying it “does not direct the activities of LTF, or have visibility into their operations.”It also said that “groups that are advocating on AI should … not use tactics like astroturfing.”

Sam Altman, meanwhile,saidhe would “love to see money out of politics in general,” but when pressed on Greg Brockman’s donations to LTF he blamed the need to “fight back” against OpenAI’s competitors.(Notably, Leading the Future was established

beforethe Anthropic-backed Public First network).

Ten

Trump administration officials mayholdup to**$43.8m** inSpaceX orxAI stock ahead of SpaceX’s IPO.Americans for Responsible Innovation, theAI Policy Network and theAlliance for Secure AIurgedcongressional leaders to add a “human in the loop” provision for autonomous weapons to theNDAA.The

robotics lobby alsopressedfor NDAA provisions to reducePentagon reliance on Chinese robotics and restrict purchases of humanoid robots.

Labor unionspushed backagainst state-level data center restrictions, helping sink regulatory bills in Illinois, Colorado, Maine and Pennsylvania.GLAAD CEO Sarah Kate Elliswarnedthat AI trained on biased data reinforces harmful stereotypes and spreads misinformation about LGBTQ+ people.Americansshowedthe lowest support (26%) for** AI data center**construction among 15 large economies.The

Pentagon is reportedlyoperatingan AI-generated propaganda site targeting Latin America with pro-US military content.

INDUSTRY #

Anthropic #

Anthropic confidentially

, but didn’tfiledfor an IPOprovidedetails about the timing or size.With its

$900b, going public will create an unfathomable amount ofvaluationemployee wealth as early as this fall.It’s

formalizingitsClaude Partner Network, which helps third-party providers implement Anthropic’s enterprise tools, to show**“business-readiness”** before going public.

It

calledfor the world to have “theoptiontoslow or temporarily frontier AI development to enable societal structures and alignment research to keep up with the advance of the technology.”It said this was due to the possibility that

recursive self-improvement will “comesooner than most institutions are prepared for,” though it conceded that “we are not there yet, and recursive self-improvement is not inevitable.”According to internal data, Claude now writes

80%+ of Anthropic’s codebase.

It

launcheda team dedicated to “AI and the rule of law.”It

expandedProject Glasswing to about 150 new organizations across over 15 countries.

OpenAI #

Sam Altman will reportedlyattendthe G7 summit alongside heads of state, after Emmanuel Macron extended an invite.The OpenAI Foundationannouncedits** AI Resilience**program.It will grant over $130m to organizations focused on four areas: pandemic preparedness and biosecurity, cyber-resilience, making models safer, and AI’s impact on young people.

ChatGPT officiallyhitover1b monthly active users faster than any other app (even TikTok).OpenAI started

buildinga newdata center in Michigan.It committed to protect locals from electricity price hikes, create union construction jobs, fund the refurbishment of a local rec center, and give free Codex credits to college students.

It

launchednewCodex plugins for enterprise tasks.It upgradedChatGPT’s**“dreaming”** feature, which synthesizes memories across many conversations.OpenAI’s

secondhighest token user is reportedlyburningthrough100b tokens* per month*… somehow.

SpaceX #

SpaceX is

seeking$75b in its IPO with its existing share price suggesting a market cap ofnearly $1.77t, making it bigger than the vast majority of existing companies in the S&P 500.Not everything is going smoothly however:

S&P Globaleffectively ruled outa fast-tracked entry for the company to theS&P 500, which would have put SpaceX’s stock straight into the holdings of the biggest institutional investors including the** world’s pension funds**.The IPO might get a boost, however, as

Fidelity is making it easier for smaller (and less sophisticated) investors to buy into the IPO,dropping its normal requirements for them to hold accounts of up to $500,000 down to $2,000.The Verge’s Elizabeth Lopattocalledthe IPO “financial nihilism’s final form,” noting that SpaceX’s total addressable market was listed as greater than the GDP of the US.

The Commissioners Court of Grimes County (yes,

GrimesCounty)gaveSpaceX aproperty tax exemption for its plannedTerafab semiconductor facility, ignoring the pissed-off rural community’s demands.

Microsoft #

Microsoft unveiled a new wave of AI initiatives at its

annual Build conference.Since “the drama-filled marriage [between Microsoft and OpenAI] slowly devolved into a situationship,” Hayden Field

wroteforThe Verge, “this year’s Build had the vibe of a freshly single divorcée posting a thirst trap on Instagram.”It

launchedseven new AI models, includingMAI-Thinking-1, its first advanced reasoning model.It’s behind the frontier, but it’s cheaper on some tasks (and reportedly

trainedentirely with Microsoft’s own IP). It

announcedScout, an** OpenClaw-like agent**that works like an office assistant in Teams,amongothertools for AI agents.It’s also

partneringwithMayo Clinic to build a narrow AI model for healthcare, specifically trained on medical data.

Nvidia #

Nvidia’s new

Vera Rubin platform willgo intofull production later this summer.Anthropic,** OpenAIand SpaceX**willreportedly be some of the firstVera CPU users.

It

announcedCosmos 3, a** world modelbuilt to simulate physical actions, and the blueprint for ahulking6-foothumanoid robot**.It

acquiredKumo AI, a startup that makes predictive AI models, for** over $400m**.

Meta #

Meta is still

stallingtheMuse Spark API release.But it did releasean enterprise AI agent, aptly named “Meta Business Agent.”It’s reportedly

addingmore privacy protections and exemptions to its widely-despisedemployee tracking tool.** Meta’s AI support assistant**readilyhelpedhackers break into high-profile Instagram accounts,404 Mediareported.

Alphabet is

raising$85b to funddata center construction, despite existing construction projects falling behind schedule.Google

committedto better**“water stewardship,”** including funding $500m in water utilities upkeep and reporting water use transparently.Employees are reportedly

makingtons ofanti-AI memes about the company’s tools.

Others #

DeepSeek is reportedlyraising$7.4b in its first funding round.Lila Sciences is reportedlyraising$2b at an**$8.5b** valuation to build AI for autonomous scientific discovery.Jeff Bezosinvested$50m inFlourish, a startup trying to make AI better at continual learning and energy efficiency by emulating the** human brain**.SaaS-pocalypse fears are

drivingbig VC bets onrobotics and physical AI, theWall Street Journalreported.Foxconn reportedlypartneredwithIntel to build AI equipment for data centers, factories, and robots.CC Wei, head of** TSMC**, isworriedthat theirchip supply won’t meet customer demand for “a long time.”Kevin O’Learysaidhe will halve the** 40,000-acre footprint**of his proposed Utah AI data center after lawmakers told him to cut it back by 75%.It means the project will no longer be the “largest data center in the world.”

Airbnb CEOBrian Chesky is reportedlystartinga new AI lab which may focus on user interaction and design.He will remain in charge of Airbnb and won’t take the CEO role at the new startup.

MOVES #

Helen Toner wasnamedExecutive Director ofCSET, where she’s served as Interim Executive Director since September.** Brian Landsman**, ex-Salesforce executive VP,joinedOpenAI as VP of global partnerships.Guy Rosen isleavingMeta, where he served as its chief information security officer.Ex-Biden admin natsec advisor

Anne Neubergerjoined** Andreessen Horowitzas its first head of global affairs. Weijie Su**, a statistics professor at Wharton,joined** OpenAI**.** Kirsty Innes**is joining** Imperial College Londonto build a new Centre for AI-Driven Innovation. Brian Christian**joined** UC Berkeley’s Center for Human-Compatible AI**, where he’ll study how AI systems represent and shape human preferences.** Amy Tam**joined** xAIfrom Bloomberg Beta. Erin Woo**announcedshe’s now covering OpenAI (in addition to Google) for** The Information**.

RESEARCH #

MIT’s Mert Demirer and othersfoundthat AI-driven coding** productivity gains**were not filtering down into software releases and adoption of new applications, likely due to bottlenecks in existing structures and marketplaces.The research found explosive growth at the top of the funnel, with coders creating or editing 3x more files, but just a 30% increase in releases, and no increase in downloads of new apps.

Neo Research, Asia’s first independent AI safety research group,evaluatedDeepSeek v4 Pro.DSv4 Pro’s general capabilities and cybersecurity risk are roughly 3-6 months behind the Western frontier.

Researchers didn’t find much evidence of misbehavior, but verbalized evaluation awareness is rising across DSv4 Pro and other Chinese models.

The

Forecasting Research Institutepublishedanother round of** expert AI forecasts**, illustrating how participants’ views evolved between summer 2025 and last month.It quantifies how impactful people think AI will be in 2040 on a “Technological Richter Scale” (TRS), where Level 5 is “technology of the month,” like a cool new app, and Level 10 is “technology of the epoch,” like the rise of humans.

On average, AI experts and superforecasters nudged their TRS levels up by ~0.2-0.4, suggesting that respondents think AI will be a bigger deal than they’d guessed last year, with the majority predicting it would reach a “technology of the century” level equivalent to electricity.

Perhaps unsurprisingly, the study found that the public views AI much less optimistically than experts.

MIT FutureTech and theUniversity of Queensland got 272 AI experts from 37 countries toidentifythemost likely harms of AI, and figure out who should be in charge of preventing them.Their top five causes of harm: dangerous capabilities, AI-enabled weapons and cyberattacks, competitive dynamics, power centralization, and misinformation.

They argue that developers, governments and regulatory bodies are most responsible for addressing these risks.

Harvard Business Reviewanalyzedhow people actually** use AI**in the wild. Two major categories of use:“Thinkslop,” or letting AI think for us in all kinds of settings (therapy, brainstorming, flirting…)

Work, often secretly. Researchers found that “shadow usage” is common.

University of Toronto researchersdemoedan AI-powered “worm” that canautonomously copy itself across computer networks and tailor its attacks to each machine (terrifying).University of Cambridge researchers said AI entirelydesignedthe key component in a newvaccine that could protect against all coronaviruses, with early trials finding a “modest” immune response.The team is already working on applying a similar approach to Ebola and flu.

BEST OF THE REST #

SemiAnalysispublishedan incredibly in-depth analysis of whether building data centers in space is totally insane (TLDR; it could be much less insane soon), complete with a model that estimates when they’ll be economically viable.Consciousness research is

trending— Google DeepMind and Meta recently joined Anthropic in hiring philosophers, ethicists, and psychology researchers to think about digital minds and AI welfare.Facebook is being

floodedwith AI-generated slop about …notbuilding data centers.The Atlantic’sCharlie Warzelthinkswe’re experiencing an AI-driven “crisis of agency.”Mathematicians

publishedthe Leiden Declaration on AI Mathematics in light of recent headlines about AI-powered math results. In it, they question whether tech companies getting involved in math research risks prioritizing the wrong questions.Big week for AI in Hollywood: Martin Scorsese

partneredwith (and publicly endorsed) Black Forest Labs for storyboarding in preproduction for an upcoming film.Founders Fund has

launcheda reality TV show in which notable tech figures play a game of Mafia. Episode 1 features Palmer Luckey, Dylan Field … and Sam Altman.

MEME OF THE WEEK #

Thanks for reading. Have a great weekend.

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