Anthropic Draft Bill Proposes Federal Court Shutdowns for High-Risk AI Models

Anthropic proposed a draft bill to US lawmakers that could allow the suspension of AI models posing severe risks, including financial damage exceeding $1B or causing 50 or more deaths or serious injuries. The un-adopted proposal suggests an oversight framework enabling the US Commerce Department to seek federal court orders to shut down AI models linked to specific threats such as biological weapons or cybersecurity breaches. Prediction market pricing for which company will hold the leading AI model by the end of October 2026 showed Anthropic's implied probability dropping to 21.5%, down from 24% over the prior 24 hours. The proposed legislation remains un-adopted, with market observers watching whether Congress or the Commerce Department acts on the draft framework.