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01:59
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01:59
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21:39
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The AI Foundation Model Transparency Act, introduced by Reps. Anna Eshoo and Don Beyer, mandates AI companies to disclose sources of training data that involve copyrighted information.
The bill directs the Federal Trade Commission (FTC) to collaborate with the National Institute of Standards and Technology (NIST) to establish regulations for reporting training data transparency.
With the increase in public access to artificial intelligence, there has been an increase in lawsuits and public concerns about copyright infringement,” the bill states. “Public use of foundation models has led to countless instances of the public being presented with inaccurate, imprecise, or biased information.
Companies producing foundation models must disclose training data sources, describe data retention during inference, outline model limitations, align with NIST's AI Risk Management Framework, and report computational power details. The bill also emphasizes copyright transparency amid copyright infringement lawsuits by AI companies.