DeepMind CEO Demis Hassabis is proposing an AI "standards body" modeled after FINRA, to test frontier models and develop best practices for their release.
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naddr1qv…t4tzGoogle DeepMind CEO Demis Hassabis has proposed the creation of a new regulatory body, modeled after FINRA, to oversee the release of frontier AI models. This "standards body" would voluntarily test models up to 30 days before deployment, with the potential for mandatory compliance in the US market. The proposal aims to provide technically focused oversight that supports innovation while addressing critical vulnerabilities and risks associated with advanced AI. - Google DeepMind CEO Demis Hassabis called for a new regulatory body to oversee frontier AI model releases. - The proposed "standards body" would be modeled after the Financial Industry Regulatory Authority (FINRA). - Initially, AI labs would voluntarily share models for review up to 30 days before release. - The body could eventually require models to pass assessments before deployment in the US market. - This regulator would be technically focused, supported by the US government but funded by the AI industry and operated independently. - The goal is to foster innovation while ensuring responsible AI development and addressing potential risks. Continue reading https://techcrunch.com/2026/07/14/deepmind-ceo-calls-for-an-independent-standards-body-to-regulate-frontier-ai/