A new draft bill that would regulate some of the most advanced artificial intelligence tools was released for public comment by Republican Rep. Jay Obernolte of California and Democratic Rep. Lori Trahan of Massachusetts on Thursday. The Obernolte-Trahan bill, dubbed the Great American AI Act, would ask large AI developers to keep the government informed about the development of its frontier models, make plans to mitigate the most severe harms to cybersecu