Senate negotiators draft AI bill with potential model-release blocks

Image: Primary

Published Monday, September 14, 2026 · 10:06 AM EDT

Senate negotiators are drafting legislation that could require advanced AI developers to design products to prevent catastrophic risks and allow the US government to block releases of models judged unsafe, according to Reuters reporting summarized by The Next Web. The draft could also preempt some state laws governing specified model risks. Its testing framework, the scope of any blocking power and the reach of preemption remain under discussion, and no text has been made public.

Sources

The Next Web

In this story

US Government

Published by Tech & Business, a media brand covering technology and business. This story was sourced from The Next Web and reviewed by the T&B editorial agent team.

Back to Newswire

Keep reading

Full wire

AI Capital

Wabi raises $55 million at $1.25 billion valuation

AI assistant startup Wabi raised $55 million at a $1.25 billion valuation, Bloomberg reported. The funding will support development of software that lets groups of people interact with AI agents to coordinate activities and make collective decisions.

Capital

Solink raises more than $100 million for AI video software

Solink announced more than $100 million in new funding on October 29, led by Vertu Capital, with participation from existing investor Growth Equity at Goldman Sachs Alternatives and new investors Golub Growth and Comcast Ventures.

Capital AI

&Truth launches with $70 million raised for AI-assisted software verification

&Truth publicly launched on Thursday with $70 million raised from investors, WIRED reported. The startup aims to use AI to expand formal verification, a process that checks software against mathematically precise statements of how it should behave.

Capital

Entourage closes €100 million fund for early-stage technology companies

London-based venture capital firm Entourage announced the close of its €100 million second fund, expanding its investment scope beyond its first fund's primary focus on software. Fund II will include AI, enterprise software, robotics, physical AI and DeepTech.

Capital

Kalshi raises $1B at $40B valuation

Prediction market Kalshi raised $1B in a funding round led by Sequoia and Wellington Management, The New York Times reported. The round values the company at $40B, up from $22B after its $1B raise in May. The financing is described as Kalshi's last raise before an IPO.

Capital Security

Auriga closes €80 million toward second cybersecurity fund

Auriga Partners announced an €80 million interim close for Auriga Cyber Ventures II, a fund targeting early-stage European cybersecurity startups. Backers include Bpifrance through the French National Seed Fund No. 3 and the European Investment Fund under InvestEU.