Bill > S2630

This bill establishes a comprehensive regulatory framework for emerging artificial intelligence (AI) models, focusing on safety, transparency, and responsible development. The legislation creates the Massachusetts Artificial Intelligence Innovation Trust Fund to provide grants and financial assistance for AI development in key industry sectors and promotes AI entrepreneurship. It introduces the Transparency in Frontier Artificial Intelligence Act, which requires large AI developers (those with annual revenues over $500 million) to develop and publish a "frontier AI framework" detailing how they will assess and mitigate potential catastrophic risks from their AI models. The bill defines specific terms like "frontier models" (AI models trained using significant computing power) and "catastrophic risk" (potential for widespread harm or damage), and mandates that developers report critical safety incidents to the Attorney General. Additionally, the bill establishes MassCompute, a public cloud computing consortium within state government, designed to foster safe, ethical, and equitable AI innovation by providing computational resources and supporting research. The legislation includes whistleblower protections for employees who report potential AI-related risks and provides mechanisms for the Attorney General to review and potentially levy civil penalties (up to $1 million) for non-compliance, with the ultimate goal of promoting responsible AI development that prioritizes public safety and technological advancement.