FRONTIER Act

The FRONTIER Act establishes a regulatory framework for the largest artificial intelligence developers to manage and disclose risks associated with their most powerful models, known as "frontier models." It requires companies meeting specific revenue and spending thresholds to create public safety frameworks, undergo independent third-party audits, and report incidents or potential harms to the Department of Commerce. The bill also creates a system where the Secretary of Commerce can issue emergency orders to suspend or restrict model development if an imminent catastrophic risk is identified. Additionally, the legislation preempts state laws that impose new obligations on AI developers regarding risk transparency, auditing, and incident reporting to ensure a uniform national approach.