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Scale AI News: Scale AI Urges Congressional Action On AI Regulation

October 30, 2024

Linqto Unicorn News - October 30, 2024

Scale AI, a leading generative AI startup, has called on Congress to address critical AI regulation issues before the year ends. CEO Alexandr Wang has outlined key priorities including the authorization of the AI Safety Institute and establishing AI-ready data requirements.

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Scale AI, a leading company in the generative AI sector, has made a formal appeal to the U.S. Congress to prioritize AI regulation before the end of the year. In a letter dated October 26, 2024, CEO Alexandr Wang outlined three critical areas for legislative focus. The first priority is the establishment of the AI Safety Institute within the Commerce Department's National Institute of Standards and Technology, which would be instrumental in ensuring the safe and ethical development of AI technologies. The second priority involves setting AI-ready data requirements for federal agencies, which would standardize data practices and improve the integration and application of AI across government operations. The third priority is the need for clear federal definitions of 'developers' and 'deployers' to facilitate better collaboration and understanding within the AI industry. Beyond these primary concerns, the letter also highlights the significance of AI workforce training and the creation of the National AI Research Resource. These initiatives are part of Scale AI's comprehensive strategy to bolster the AI sector and maintain the United States' leadership in AI innovation. This initiative by Scale AI follows its recent successful $1 billion funding round, which has elevated its valuation to nearly $14 billion, underscoring its influence and commitment to shaping the future of AI policy and development.

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