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California governor vetoes hotly contested AI safety bill

Gavin Newsom vetoed SB 1048, saying that “while well-intentioned,” it could place unnecessary restrictions on emerging AI companies in California.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

California governor vetoes hotly contested AI safety bill

Gavin Newsom vetoed SB 1048, saying that “while well-intentioned,” it could place unnecessary restrictions on emerging AI companies in California. 

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This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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