00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Elon Musk's artificial intelligence company, XAI, filed a lawsuit in U.S. District Court
00:07in Colorado seeking to block a state AI law set to take effect June 30, according to The Guardian.
00:13The law would impose requirements on AI systems to protect residents from algorithmic discrimination
00:17in sectors including education, employment, healthcare, housing, and financial services.
00:23XAI claims the law violates First Amendment protections and would force it to promote
00:27the state's ideological views. The lawsuit was filed in a U.S. District Court in Colorado
00:32amid ongoing state and federal disputes over AI regulation.
00:36Colorado Governor Jared Polis signed the bill in 2024 with reservations and has called for
00:42amendments. The Colorado Attorney General's Office declined to comment on the lawsuit while
00:46XAI did not respond to a request for comment. For all things money, visit Benzinga.com.
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