OpenAI CEO Sam Altman visited Capitol Hill on Thursday to push for U.S. artificial intelligence legislation amid stalling efforts in Congress. Following a Middle East tour, Altman's visit highlights a critical juncture for AI policy development as global standards evolve.
Altman Engages Capitol Hill on AI Policy Amid Legislative Uncertainty
Reporters spotted Mr. Altman exiting Sen. Todd Young's office after returning from a trip to the Middle East. The Indiana Republican is a Senate Artificial Intelligence Caucus member and has worked closely with Democratic leadership to advance primary AI legislation, per The Washington Times.
Mr. Altman told CNBC that he spoke with the senator about his desire for the United States to write AI legislation, but he needed to leave with a clear understanding of when a bill could be introduced in Congress.
"There's obviously a lot to do, it's a complex thing, so we've been asking for updates on that in meetings," Mr. Altman said. "I don't think we have a view yet on when it'll happen."
Mr. Young had set low expectations for Congress to pass an AI legislative package earlier this year.
After working with Senate Majority Leader Charles E. Schumer and a small group of lawmakers to develop a comprehensive approach to AI, Mr. Young announced in January that the Senate would instead pursue a slew of more limited AI-related bills.
While Congress prioritizes other bills over AI policy, other efforts to develop AI rules are moving forward in Washington and abroad.
Global AI Regulation Advances as OpenAI Seeks Investment for Expansion
Last month, President Biden imposed new rules on the use of AI by US federal agencies, the European Parliament approved the EU AI Act to regulate AI, and China also announced new efforts to police generative AI.
Such efforts have kept the ambitions of AI developers worldwide.
Mr. Altman's OpenAI reportedly surpassed the $2 billion annual revenue threshold in the last six months, prompting him to launch an international search for additional funding, including from the United Arab Emirates.
According to the Wall Street Journal, he is looking to invest up to $7 trillion in a new effort to manufacture chips and power AI.
According to Bloomberg, Mr. Altman met with investors and government officials in the UAE this week to secure foreign funding.


ANZ Faces Legal Battle as Former CEO Shayne Elliott Sues Over A$13.5 Million Bonus Dispute
Tunisia Protests Grow as Opposition Unites Against President Kais Saied’s Rule
U.S. Homeland Security Ends TSA Union Contract, Prompting Legal Challenge
Apple App Store Injunction Largely Upheld as Appeals Court Rules on Epic Games Case
Microsoft Unveils Massive Global AI Investments, Prioritizing India’s Rapidly Growing Digital Market
Environmental Group Sues to Block Trump Image on U.S. National Park Passes
U.S. Justice Department Orders Intensified Probe Into Antifa and Domestic Extremist Groups
Bolivia Orders Pre-Trial Detention of Former President Luis Arce Over Embezzlement Probe
Trump Signs Executive Order to Establish National AI Regulation Standard
Bolsonaro’s Defense Requests Hospital Transfer and Humanitarian House Arrest
International Outcry Grows Over Re-Arrest of Nobel Laureate Narges Mohammadi in Iran
Brazil Arrests Former Peruvian Foreign Minister Augusto Blacker Miller in International Fraud Case
SK Hynix Shares Surge on Hopes for Upcoming ADR Issuance
U.S. Greenlights Nvidia H200 Chip Exports to China With 25% Fee
Trump Criticizes EU’s €120 Million Fine on Elon Musk’s X Platform
China Adds Domestic AI Chips to Government Procurement List as U.S. Considers Easing Nvidia Export Curbs
Preservation Group Sues Trump Administration to Halt $300 Million White House Ballroom Project 



