AI regulation in the U.S. over the last few months has been a frenzy. Some experts say it didn't have to be this way. Why it matters: AI companies and the government are praising each other for successful collaboration on rules for cutting-edge AI, but that view hides a scramble behind the scenes that could have been avoided. Driving the news : OpenAI and Anthropic's latest, most powerful models both ended up getting nods from the government before wide release. That would have been unthinkable

A new UN-backed commission will bring top tech executives and heads of state to the same table to forge global solutions for AI , per an announcement shared exclusively with Axios. Why it matters: As global AI regulation grows more splintered , this initiative is an attempt to connect the executives building advanced AI with a group of global politicians. Driving the news: The UNand its International Telecommunication Union are convening the AI for Good Global Commission, which will hold its fir

With AI dominated by US firms, Europe is pushing for more independence. New partnerships, investments and startups aim to boost the continent's digital sovereignty, but challenges around funding and regulation remain.

A cryptocurrency regulation bill is facing a make-or-break moment as senators seek to resolve remaining policy disputes in the next four-week stretch, which experts warn is likely the last window to pass the legislation before the midterm elections. Bipartisan negotiations over the Clarity Act, which aims to provide a regulatory framework for the digital assets...