Cynthia Lummis Proposes Artificial Intelligence Bill, Requiring AI Firms to Disclose Technicals
Sen. Cynthia Lummis' RISE Act sets new transparency standards for AI liability protection, mandating disclosures without forcing companies to open-source their models.

What to know:
- Senator Cynthia Lummis introduced the RISE Act of 2025 to clarify liability for AI used by professionals and mandate transparency from developers.
- The bill requires AI developers to release model cards detailing AI systems' data sources, use cases, and limitations.
- The RISE Act stops short of requiring AI models to be open source, but mandates updates and justifications for withheld proprietary information.
Senator Cynthia Lummis (R-WY) has introduced the Responsible Innovation and Safe Expertise (RISE) Act of 2025, a legislative proposal designed to clarify liability frameworks for artificial intelligence (AI) used by professionals.
The bill could bring transparency from AI developers – stoping short of requiring models to be open source.
In a press release, Lummis said the RISE Act would mean that professionals, such as physicians, attorneys, engineers, and financial advisors, remain legally responsible for the advice they provide, even when it is informed by AI systems.
At the time, AI developers who create the systems can only shield themselves from civil liability when things go awry if they publicly release model cards.
The proposed bill defines model cards as detailed technical documents that disclose an AI system’s training data sources, intended use cases, performance metrics, known limitations, and potential failure modes. All this is intended to help help professionals assess whether the tool is appropriate for their work.
"Wyoming values both innovation and accountability; the RISE Act creates predictable standards that encourage safer AI development while preserving professional autonomy,” Lummis said in a press release.
“This legislation doesn’t create blanket immunity for AI," Lummis continued.
However, the immunity granted under this Act has clear boundaries. The legislation excludes protection for developers in instances of recklessness, willful misconduct, fraud, knowing misrepresentation, or when actions fall outside the defined scope of professional usage.
Additionally, developers face a duty of ongoing accountability under the RISE Act. AI documentation and specifications must be updated within 30 days of deploying new versions or discovering significant failure modes, reinforcing continuous transparency obligations.
Stops short of open source
The RISE Act, as it's written now, stops short of mandating that AI models become fully open source.
Developers can withhold proprietary information, but only if the redacted material isn’t related to safety, and each omission is accompanied by a written justification explaining the trade secret exemption.
In a prior interview with CoinDesk, Simon Kim, the CEO of Hashed, one of Korea's leading VC funds, spoke about the danger of centralized, closed-source AI that's effectively a black box.
"OpenAI is not open, and it is controlled by very few people, so it's quite dangerous. Making this type of [closed source] foundational model is similar to making a 'god', but we don't know how it works," Kim said at the time.
More For You
Protocol Research: GoPlus Security

What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
SEC Approves U.S.’ Second Crypto Index ETP with Bitwise’s BITW

The Bitwise 10 Crypto Index Fund now trades on NYSE Arca, joining the ranks of gold and oil funds in regulated exchange products.
What to know:
- The Bitwise 10 Crypto Index Fund (BITW) has received SEC approval to trade as an exchange-traded product on NYSE Arca.
- BITW offers diversified exposure to the 10 largest cryptocurrencies, including Bitcoin and Ether, and is rebalanced monthly.
- This approval marks a significant milestone for crypto indices, potentially attracting more institutional investment.











