Sanders, Casar Introduce AI Pause Bill; Anthropic Eyes Nasdaq Listing

Politicians and tech leaders are clashing over how fast AI should develop. Senator Bernie Sanders and Representative Greg Casar introduced the Ban Artificial Superintelligence Act, which would pause advanced AI work until a new regulator exists. Critics call the bill vague and warn it could choke off innovation. The Cato Institute says lawmakers should balance safety with progress rather than hit the brakes entirely.

The Heritage Foundation takes a different tone. Bret Swanson argues the US should not slow AI development, warning that China could profit from American hesitation. He points to $6 to $7 trillion in planned AI compute spending over five years and says risks can be handled without heavy rules. Vice President J.D. Vance also downplayed AI panic, cautioning against big AI and big government merging.

China rejected US pressure to limit AI, with spy chief Chen Yixin calling worries about the technology overblown. Amodei warned that a Chinese AI lead could pose a grave danger. Meanwhile, Trump dismissed calls for strict guardrails, saying AI only needs a smart president to keep it in check.

On the business side, Anthropic is reportedly moving toward a Nasdaq listing with annualized revenue of $65 billion, even as OpenAI postponed its 2026 IPO over security concerns. Anthropic researcher Evan Hubinger put the risk of AI-related extinction at more than 10%, while CEO Dario Amodei called for slower development. Sam Altman, Elon Musk, and Demis Hassabis joined the warning, but Trump brushed it off.

In more practical news, CubCloud AI wants to bring Tesla Cybercabs to Missoula, planning to buy six vehicles at $30,000 each. Drew Surratt, who uses Tesla self-driving features 92 percent of the time, said the taxis could cut ride-sharing costs. Open-source frameworks like Kimi K3 and DeepSeek V4 also let users run $10,000-class models at home, covering everything from fraud detection to medical imaging.

AI is also working its way into classrooms and research. Over 12,000 students returned to EPFL where AI now plays a big role in university life. At TechCrunch Disrupt 2026, Colossal Biosciences CEO Ben Lamm will discuss using AI and synthetic biology to bring extinct species back. Teachers are still figuring out whether AI helps students learn or does the thinking for them.

Key Takeaways

  • Sanders and Casar introduced the Ban Artificial Superintelligence Act to pause advanced AI until a federal regulator exists
  • Heritage Foundation's Bret Swanson warns against slowing AI, citing $6 to $7 trillion in planned US AI compute spending
  • Anthropic reported annualized revenue of $65 billion and is moving toward a Nasdaq listing
  • OpenAI postponed its 2026 IPO due to security risks
  • Anthropic researcher Evan Hubinger estimates AI extinction risk at more than 10%
  • CubCloud AI plans to deploy six Tesla Cybercabs in Missoula at $30,000 each
  • China's Chen Yixin rejected US calls to limit AI development
  • Over 12,000 students at EPFL now use AI as part of daily university life
  • Open-source models Kimi K3 and DeepSeek V4 enable running $10,000-class AI models at home
  • Colossal Biosciences CEO Ben Lamm will discuss AI-driven de-extinction at TechCrunch Disrupt 2026

Heritage Foundation warns US against slowing AI development

Bret Swanson from the Heritage Foundation said the US should not slow down AI development. He warned that China could benefit if America pauses. He said the US is investing 6 to 7 trillion dollars in AI compute over five years. He believes risks can be managed without heavy regulations.

Heritage Foundation cautions against AI regulation panic

Vice President J.D. Vance downplayed fears about AI risks. Bret Swanson said panic-driven rules could hurt the economy. He warned against big AI and big government merging. He said a competitive market with multiple providers is better. He also said good AI can defeat bad AI.

China spy chief warns AI threatens party rule

China rejected US calls to limit AI development as fearmongering. Chen Yixin said hostile forces use AI for propaganda and cognitive warfare. Amodei warned a Chinese AI lead could be a grave danger. China wants countries to cooperate on AI governance. Trump said AI only needs a strong and smart president as guardrails.

Tech leaders and politicians debate AI regulation

Tech leaders and politicians are sparring over how to regulate artificial intelligence. There is growing alarm over how fast AI is evolving. Tech leaders say the country needs to slow down before it is too late. Companies are pushing back against calls for strict rules.

CubCloud AI seeks to bring Tesla Cybercabs to Missoula

CubCloud AI applied for Tesla Cybercab services in Missoula. The company wants to bring fully self-driving taxis to the city. Drew Surratt uses a Tesla self-driving feature 92 percent of the time. The company plans to buy six Cybercabs at 30,000 dollars each. Surratt said the taxis could replace ride-sharing and save people money.

Sanders Superintelligence Ban Bill Criticized as Hysteria Not Policy

Senator Bernie Sanders and Representative Greg Casar introduced the Ban Artificial Superintelligence Act to pause advanced AI development until a new federal regulator is created. Critics say the bill is vague and could stifle innovation. The Cato Institute argues for more balanced rules that keep safety and progress together.

AI Meets Biology at TechCrunch Disrupt 2026

A session at Disrupt 2026 will explore how AI helps bring extinct species back through de-extinction. Colossal Biosciences CEO Ben Lamm will discuss using AI and synthetic biology for conservation. The talk raises big questions about AI's role in nature, medicine, and climate science.

AI Becomes Part of University Learning at EPFL

Over 12,000 students returned to EPFL as AI becomes a major part of university life. A survey shows most students use AI but know its limits. Teachers are finding new ways to include AI in courses and want students to think about whether AI helps them learn or does the learning for them.

Run a $10,000 AI Model at Home with Kimi K3 and DeepSeek V4

David Ondrej explains how open source frameworks like Kimi K3 and DeepSeek V4 let you run powerful AI models at home. The guide covers fine-tuning models for tasks like fraud detection and medical imaging. It also covers hardware setup, scaling methods, and data quality to keep performance strong.

Bernie Sanders and Steve Bannon Warn About AI Power

AI's unchecked power has become a major issue in midterm elections. Political figures from Bernie Sanders to Steve Bannon are calling for rules on AI development. Some candidates want Congress to set guardrails, while progressive Democrats push for a halt until the government catches up.

AI extinction debate is really about Wall Street money

A debate over whether AI could destroy humanity is also about big money. Jacob Coxon resigned from Anthropic after three months and said AI developers believe the technology could end humanity within 10 years. Anthropic researcher Evan Hubinger put the risk at more than 10%, and CEO Dario Amodei called for slower development and stronger regulation. Leaders like Sam Altman, Elon Musk, and Demis Hassabis supported the warning, while Donald Trump dismissed it. OpenAI postponed its 2026 IPO due to security risks, but Anthropic is moving forward with a Nasdaq listing and reported annualized revenue of $65 billion.

Sources

NOTE:

This news brief was generated using AI technology (including, but not limited to, Google Gemini API, Llama, Grok, and Mistral) from aggregated news articles, with minimal to no human editing/review. It is provided for informational purposes only and may contain inaccuracies or biases. This is not financial, investment, or professional advice. If you have any questions or concerns, please verify all information with the linked original articles in the Sources section below.

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