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VISIT US AT AI+ EXPO IN DC
June 2 - 4, 2025
Free Registration HERE
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NAIA MEMBER INKS $1 BILLION
DEAL IN MIDDLE EAST
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Quantinuum and Qatar Joint-Venture on Quantum Computing
"100-Qubits Computing Expected in 2027"
(Click above for details and news of future IPO for Quantinuum)
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- Trump AI Deals in Middle East Includes NAIA Gold Level Member Quantinuum in J-V with Qatar
- GAO Report Warns of AI Use Risk in Financial Services
- President Trump Signs "Take It Down Act" to Criminalize AI-generated Deepfakes
- Dept. of Commerce Rescinds Biden AI Diffusion - New Chip Export Rules
- More AI Hallucinations in Court: Anthropic's Claude Makes A Reference Error
- House Science, Space and Tech Committee Holds Hearing on U.S. Quantum Computing Leadership
- State AGs Fight Back on 10-Year Moratorium on State AI Regulations
- Senate Judiciary Submits the AI Whistleblower Protection Act
- Member Focus: DairyGuard - AI Applications in Dairy and Agriculture
- Watch the Video on How to Join Hundreds of AI Companies in NAIA's Member Community
- Coming Soon: New Website Almost Done
- Attend AI+ Expo in Washington, June 2-4: NAIA Booth #633
- Become a NAIA Member Today!
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The Government Accounting Office (GAO) Issues AI Report on Use and Oversight in Financial Services
On Monday the GAO released a report titled "Artificial Intelligence: Use and Oversight in Financial Services". This GAO report (authorized under the Dodd-Frank law) is provided to Congressional Committees and makes recommendations related to AI regulations at financial institutions. Their summary:
"Financial institutions’ use of artificial intelligence (AI) presents both benefits and risks. AI is being applied in areas such as automated trading, credit decisions, and customer service. Benefits can include improved efficiency, reduced costs, and enhanced customer experience—such as more affordable personalized investment advice. However, AI also poses risks, including potentially biased lending decisions, data quality issues, privacy concerns, and new cybersecurity threats."
The GAO specifically recommends that financial oversight groups offer more AI-specific guidance, pointing out that the National Credit Union Administration (NCUA) should update its model risk management guidance to include a broader array of AI models with more details on their use and risks. And added that the NCUA lacked the authority to investigate financial institutions’ technology services. The GAO had previously recommended to Congress that it grant such power to the NCUA.
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The President Signs "Take It Down Act" to Criminalizes AI-Generated Deepfake and Revenge Porn
The President signed on Monday the TAKE IT DOWN Act or the "Tools to Address Known Exploitation by Immobilizing Technological Deepfakes On Websites and Networks Act" which is now a new law strongly supported by First Lady Melania Trump related to criminal prosecution for intentional disclosure and non-consensual release of intimate images. Senator Ted Cruz introduced S.146 in the Senate and passed the bill in February. The House overwhelmingly passed it in April.
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Dept. of Commerce Rescinds Biden AI Diffusion Rule and Issues New Chip Export Controls
The Department of Commerce (DOC) announced last Tuesday a rescission of the Biden Administration’s AI Diffusion Rule, while rolling out additional steps to strengthen export controls on semiconductors worldwide. DOC issued the following statement:
"The AI Diffusion Rule was issued on January 15, 2025, with compliance requirements that were set to come into effect on May 15, 2025. These new requirements would have stifled American innovation and saddled companies with burdensome new regulatory requirements. The AI Diffusion Rule also would have undermined U.S. diplomatic relations with dozens of countries by downgrading them to second-tier status."
Read the complete announcement and the actions to strengthen export controls for overseas AI chip shipments HERE.
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More Hallucinations In Court: Anthropic Apologies Over AI Hallucination in Copyright Battle
Music Business Worldwide reported HERE this week that Anthropic lawyers had to apologize to a US federal court for using an incorrect citation generated by Anthropic’s AI technology in a court filing. Anthropic’s Claude chatbot didn’t invent an academic study cited by Anthropic’s lawyers in the case but it did get the title and authors wrong. As the opposing party tried to track down the study, it was realized that an error was made.
The court case in question was filed by music publishers including Universal Music Publishing Group, Concord, and ABKCO in 2023, accusing Anthropic of using copyrighted lyrics to train the Claude chatbot, and alleging that Claude regurgitates copyrighted lyrics when prompted by users. We will keep you posted.
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House Committee on Science, Space & Technology Holds Hearing on U.S. Quantum Tech Leadership
In December of 2019, President Trump signed into law the National Quantum Initiative (NQI) Act . The bipartisan legislation that established a coordinated multiagency program to support research and training in quantum information science (QIS).
Earlier this month, the House Science Committee held a hearing (details and watch HERE) on the US government status on NQI and providing additional support for the quantum industry to bring technologies to market, including assistance in developing the quantum workforce, investing in the supply chain, and the federal government serving as an early customer. The National Quantum Initiative Reauthorization Act failed in the last Congress but several new bills have been submitted just this month to advance (and prepare) for the next revolution in computing power:
S.1746 — A bill to establish the Commission on American Quantum Information Science Dominance, and for other purposes.
Sponsor: Blackburn, Marsha [Sen.-R-TN] (Introduced 05/13/2025)
Committees: Senate - Commerce, Science, and Transportation
H.R.3259 — Post Quantum Cybersecurity Standards Act
Sponsor: Stevens, Haley M. [Rep.-D-MI-11] (Introduced 05/07/2025)
Committees: House - Science, Space, and Technology
H.R.3220 — Quantum Sandbox for Near-Term Applications Act of 2025
Sponsor: Obernolte, Jay [Rep.-R-CA-23] (Introduced 05/06/2025)
Committees: House - Science, Space, and Technology
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Forty State Attorney Generals Sign Letter Opposing the Ten Year Moratorium
On Monday, 40 State Attorney Generals, both Republicans and Democrats, signed and sent a letter to House Speaker Johnson, Senate Majority Leader Thune, House Minority Leader Jefferies and Senate Minority Leader Schumer pushing back on the proposed ten year moratorium on state AI regulations.
The letter HERE stated the moratorium would be “sweeping and wholly destructive of reasonable state efforts to prevent known harms associated with AI.” The AGS relayed that the moratorium would disrupt hundreds of measures being both considered by state legislatures and those that have already passed in states led by Republicans and Democrats.
Unfortunately, that is the problem...hundreds of measures impacting AI development and costly to track and abide by the different regulations in every state.
NAIA, since our formation, has consistently pushed the Administration and Congress to pass a comprehensive national law related to "data management" covering data security, data privacy and artificial intelligence regulation. It is a challenge for AI companies, whether large enterprises or startups, to manage the varying and numerous AI regulations being implemented by the states. We have proposed the "American Data Management & Artificial Intelligence Act" (HERE) as a solution.
NAIA has issued a statement of support on the proposed moratorium which you can read by following the link below and we have forwarded the statement to Members of Congress on our Members behalf. Please reach out to your Member of Congress in support of the moratorium.
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Senate Judiciary Committee Members Introduce the "Artificial Intelligence Whistleblower Protection Act"
Senate Judiciary Committee Chairman Chuck Grassley, R-Iowa, is leading the effort to pass the Artificial Intelligence Whistleblower Protection Act in the Senate with support from co-sponsors Senators Chris Coons, D-Del., Marsha Blackburn, R-Tenn., Amy Klobuchar, D-Minn., Josh Hawley, R-Mo., and Brian Schatz, D-Hawaii.
The Act is to provide explicit whistleblower protections to those developing and deploying AI. Chairman Grassley relayed "Currently, AI companies’ restrictive severance and nondisclosure agreements (NDAs) create a chilling effect on current and former employees looking to make whistleblower disclosures to the federal government, including Congress."
The legislation merges existing AI and whistleblower protection laws to shield the communications of current and former AI employees who make disclosures. The bill would also provide relief for AI whistleblowers who suffer retaliation, including reinstatement, back pay and compensation for damages incurred, where applicable.
| | NAIA Members: Do you have questions or comments on any of the legislation being submitted in Congress? Contact us at Membership@theNAIA.org | | |
MEMBER FOCUS: DairyGuard - Powerful New AI Tools for the Dairy and Agriculture Communities
For dairy farmers looking to increase efficiency, AI offers a powerful set of tools. From optimizing herd health and reproduction to streamlining operations and resource management, AI is transforming every aspect of dairy farming. While challenges exist, the potential benefits in terms of increased productivity, reduced costs and improved animal welfare make AI an increasingly essential component of modern dairy operations.
DairyGuard and its Director Nick Smit are on the cutting edge of artificial intelligence applications in the dairy industry. Learn more about the Company and its technology HERE.
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Would you like to connect with Nick Smit of DairyGuard or any one of the hundreds of fellow NAIA Members?
You can in NAIA's (Glueup) Community!! You have (or will) receive an invitation to set up your NAIA account and begin to interact with Groups (see below) and your fellow members of NAIA. Signing up for events, sharing contact information and providing your input on AI government policies! Click HERE or the image above to watch a short video on how to participate in Your National Artificial Intelligence Association!
Thank you for all your support and we look forward to continuing to build an organization dedicated to keeping America #1 in artificial intelligence across the world. If you have any issues with your Community login, contact Ron@thenaia.org
| NAIA is building a new website! Hard to believe that the first one created only four months ago is now outdated. With the addition of our trade association management and member community platform, we will provide more content and features to the NAIA Membership. Look forward to sharing the news in the next couple of weeks. In time for the expo (see below). | | |
JOIN US AT AI+ EXPO IN JUNE - BOOTH #633
Over 15,000 artificial intelligence professionals will attend the AI+ Expo on June 2 -4 at the Washington, DC Convention Center to listen and learn (and join the Hackathon?).
"The powerful purpose behind this one of a kind event is to serve as a forum for industry, government, and academic research entities to exhibit some of the latest technological breakthroughs – in AI, biotech, energy, networks, compute, microelectronics, manufacturing, augmented reality, and beyond – and discuss their implications for U.S. and allied competitiveness."
Registration is free and learn more HERE.
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Check you filter to make sure the NAIA Digest is not going to spam and below are links to the last eight NAIA Digests if you missed them. Note: we will soon have all the back editions of the newsletters posted on the new NAIA website which is under development:
NAIA Digest v1.11: Gov. Youngkin Vetoes AI Overreach Bill, New GSA AI Tool, Trump CIOs and EOs and more
NAIA Digest v1.12: CREATE AI Act, More China Controls, Quantinuum Joins NAIA, Prompts for Politics and more
NAIA Digest v1.13: New OMB Policies on Fed AI Acquisition, House Hearings on AI Innovation, TAKE IT DOWN Act passes and more
NAIA Digest v1.14: Big Changes in $1T Gov Spending, AI Tool for Hill Staffers, Tariffs Impact on AI and more
NAIA Digest v1.15: AI Concerns Americans; AI Education for K-12; GPT for Leg Staffers and more
NAIA Digest v1.16: Busy AI Policy Week, New AI R&D RFI, Take It Down Act Passes and more
NAIA Digest v1.17: OSTP Defines Trump AI Policy, AI - Quantum Fed Research Money, Hearings, New Legislation and more
NAIA Digest v1.18: NAIA Backs House Moratorium on State AI Laws, USA+Saudi Arabia = AI Growth, and more
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Membership dues paid to the National Artificial Intelligence
Association (NAIA - EIN 33-1713769) are 95% tax deductible as an
ordinary and necessary business expense in accordance with
the lobbying provision of the federal 1993 Budget Reconciliation
Act. Contributions to 501(c)(6) organizations are not deductible as charitable contributions on the donor's federal income tax return.The organization must be an association of persons having some common business interest and its purpose must be to promote this common business interest.
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