Q&A with Matt Sheehan, a senior fellow at the Carnegie Endowment for International Peace, on US-China AI race, distillation, US chip export controls, and more (New York Times)

OpenAI is discussing a potential $1.2 trillion valuation for a new funding round and supports the FRONTIER Act’s requirement for external AI safety evaluations. Meanwhile, Google DeepMind researcher Bilal Chughtai resigned, citing existential risks from AI, as OpenAI staff warn that advanced models are becoming too complex for humans to evaluate effectively.