Elon Musk's $97.4B Bid for OpenAI, Macron's €109B AI Investment, and Paris Summit Urges AI Regulation - AI Policy Brief #4

Hi there,

Welcome to this week's edition of the AI Policy Brief, where we bring you the latest updates on AI regulations, safety standards, and government policies from around the world. This week, the Trump Administration is seeking public input on its AI plan, while the California Governor has vetoed a bill aimed at regulating AI. In India, the Minister is advocating for AI regulation, and the CEO of OpenAI has suggested implementing a 'compute budget' to manage AI access.

On the international front, experts are urging for AI regulation at a summit in Paris, and Japan and the U.S. are set to announce a new cooperation on AI. Meanwhile, Macron is calling for regulated AI development, and the OECD has introduced a new AI reporting framework. Stay informed with us as we delve into these developments and more.

Trump Administration is seeking public input on an AI action plan to enhance U.S. leadership in artificial intelligence. California Governor Gavin Newsom has vetoed SB 1047, citing concerns over innovation and the need for evidence-based AI regulations. India's Commerce and Industry Minister, Piyush Goyal, advocates for a strong regulatory framework for ethical AI use. OpenAI CEO Sam Altman suggests a 'compute budget' to ensure equitable AI access.

France and India co-hosted a summit in Paris where global experts urged for increased AI regulation to prevent loss of human control. Japan Prime Minister Shigeru Ishiba and U.S. President Donald Trump plan to announce a cooperation on generative AI research. French President Emmanuel Macron calls for regulated AI development to prevent discrimination. The OECD launched a framework to monitor AI systems with support from Amazon and Google. OpenAI CEO Sam Altman warns that the EU's AI Act may hinder AI progress in Europe. Prime Minister Narendra Modi will co-chair the AI Action Summit in Paris. The French government established INESIA for AI assessment and security.

DeepSeek AI has been banned by the Mie Prefectural Government in Japan due to data storage concerns on Chinese servers, with a filtering system now blocking the AI on government computers. The UK Department for Science, Innovation and Technology has released a new AI Cyber Security Code of Practice to address security risks in AI systems. US lawmakers are set to propose a bill to ban DeepSeek's AI chatbot on government devices over data access concerns linked to the Chinese Communist Party. The European Fund and Asset Management Association (EFAMA) has introduced a free AI-system Assessment Tool to assist asset managers in complying with the EU AI Act's regulatory requirements.

Andrew Ng supports Google's policy change to develop AI for weapons, emphasizing military aid and competition with China. Anduril seeks $2.5 billion funding, aiming for a $28 billion valuation, and collaborates with OpenAI on national security AI. Helsing partners with Mistral to create military AI models, announced at the Paris Global AI Summit. Anthropic CEO criticizes DeepSeek's safety test on bioweapons data. Astr Defence develops AI 'Chakra' net for drones, with deployment by the Indian Air Force planned for June 2025.

French President Emmanuel Macron revealed a €109 billion investment plan for the AI sector in France, with significant contributions from Brookfield and the United Arab Emirates, ahead of the AI Action Summit in Paris. Bpifrance, France's public investment bank, plans to invest up to €10 billion in the French AI ecosystem by 2029 to bolster its global position. A report from the UK’s House of Lords indicates that AI startups might move to countries like the US because of capital shortages and regulatory challenges, potentially impacting the UK's economic competitiveness. Over 60 leading European companies, including Airbus, ASML, and Deutsche Bank, have launched the EU AI Champions Initiative to secure €150 billion in funding for AI innovation over five years. The Ministry of High-Tech Industry of Armenia and Mistral AI of France have signed a memorandum to improve AI infrastructure and solutions in Armenia.

Raji Arasu, CTO of Autodesk, emphasizes the need for diversity in AI development teams to foster inclusive AI policies. G42 and Microsoft have launched the Responsible AI Foundation in Abu Dhabi to promote responsible AI standards. The U.S. AI Safety Institute partners with Scale AI to develop testing criteria for AI model evaluation.

Elon Musk consortium proposes a $97.4 billion acquisition of OpenAI to realign its mission. OpenAI investigates DeepSeek for unauthorized data use, engaging with government officials over potential misuse of its API outputs.