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Treasury’s Scott Bessent says no liability exemptions for AI labs

Treasury Secretary Scott Bessent urged Congress to reject AI labs' requested liability exemptions, arguing creator liability is the best safety guarantee.

Testifying before the House Financial Services Committee, Treasury Secretary Scott Bessent said the government should not grant frontier labs liability waivers, responding to Anthropic CEO Dario Amodei's slowdown essay. He cited Treasury's AI safety work since the release of Anthropic's Mythos model, whose cybersecurity risks prompted an April meeting, and coordination with banks and labs after the July Hugging Face cyberattack. Bessent also highlighted the Gold Eagle clearinghouse run with CISA and called for more US-built open-source models to counter China.

CyberScoop · 21h agoAI policy

Snap tries to make the case again for its $2,200 smart glasses

Snap unveiled new features for its $2,200 Specs smart glasses, including an anticipatory AI system and enterprise partnerships with Amazon, Salesforce, and Nvidia.

At a Los Angeles event, Snap showcased updates for its Specs smart glasses, which launched earlier in 2026 at $2,200 to a mixed reception. The headline announcement was Specs Intelligence, an "anticipatory AI" system that builds an understanding of user goals and routines and works with iPhones and Macs independently of the glasses. Snap also launched Specs for Enterprise with partnerships including Amazon, Salesforce, and Nvidia, an NBA/WNBA AR training app, and a Verizon cellular connectivity package costing $10/month for Verizon customers and $20/month otherwise. The devices will ship later this fall after an October pop-up in Los Angeles.

TechCrunch · AI · 10h agoAI industry 2 sources