According to Bloomberg's report on July 18th, the Trump administration is considering establishing an independent regulator to review the safety of artificial intelligence (AI) models based on industry opinions.
According to reports, the framework for this proposal has not yet been determined. However, as the release of the Kimi K3 model caused a decline in US stock markets and Wall Street is concerned about a recurrence of the “DeepSeek moment,” American officials have accelerated their efforts to provide clearer guidance for the AI industry.
American venture capitalist and former head of artificial intelligence at the White House, David Sacks, said that this new Chinese AI model is “concerning”. He also stated bluntly that this is the result of America’s “self-imposed constraints”, and criticized the government’s regulatory policies regarding AI models.
According to people familiar with the matter, Treasury Secretary Ben Sasser helped develop the proposal. The proposal would create an independent AI regulatory agency similar to the Financial Industry Regulatory Authority (FINRA), and report to the U.S. Securities and Exchange Commission.
These individuals stated that the plan is being reviewed by White House Chief of Staff Reince Burns. One of them said that U.S. President Donald Trump has not yet seen the plan.
Overall, this plan is consistent with the policy recommendations put forward earlier by Demis Hassabis, CEO of Google DeepMind.
In a post outlining his plans on platform X, Hassabi compared this regulatory body to the Financial Regulatory Authority—an independent brokerage firm regulatory agency funded by the industry. Strictly speaking, it does not belong to the U.S. government.
The report argues that this move will provide more certainty for American AI companies, and allow Wall Street and Silicon Valley industries to play a greater role in developing common safety standards. Previously, companies like Anthropic and OpenAI were affected by policies, complaining about the overly strict government security regulations.
In the field of AI, competition between China and the United States is becoming increasingly intense.
Kimi K3 Brand Visual Image
On July 16th, Moon's Dark Side Technology Co., Ltd. released a new generation model, Kimi K3, with a parameter scale of 2.8 trillion. This is currently the world's largest open-source model in terms of parameter size, marking a significant step forward in the development of artificial intelligence models in our country.
"Due to concerns about DeepSeek's potential resurgence, the U.S. stock market fell this week, with semiconductor stocks declining," reported Bloomberg on the 17th.
On the 17th, the NASDAQ 100 index, which is dominated by tech stocks, closed down by 1.5%, marking the worst weekly performance in nearly a month. Meta led the decline among the “fancy seven giants” in the tech sector. Chip manufacturers continued to face selling pressure. The Philadelphia Semiconductor Index fell by 1.6%, widening its decline from the June high to 20%, meeting the criteria for defining a “bear market”.
