Pritzker signs landmark AI regulation bill that aims to mitigate risks

Illinois Governor JB Pritzker signed Senate Bill 315, the Artificial Intelligence Safety Measures Act, modeled after similar legislation in California and New York. The bill imposes transparency and accountability requirements on large AI models generating over $500 million annually, including reporting catastrophic risks and incidents. The law aims to establish a de facto national standard, with Illinois, California, and New York representing 40% of the U.S. AI market.