According to reports published on November 19, the White House has prepared a draft Executive Order to preempt state AI regulations in lieu of a uniform national legislative framework, marking a significant escalation in federal efforts to assert control over AI regulation. The draft Executive Order, titled “Eliminating State Law Obstruction of National AI
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Technology Industry Trends and M&A Outlook in the EU and UK, Part 3: Recommendations for Tech M&A and Strategic Transactions
In this blog post we set out key practical steps for technology-focused deal-making, having regard to the regulatory, antitrust and foreign investment screening issues identified in our earlier blogs here and here.
Key impacts of technology regulation on deal outcomes
The evolving regulatory landscape is having a significant impact on deal outcomes, including (i)…
Technology Industry Trends and M&A Outlook in the EU and UK, Part 2: Antitrust/FDI Environment for Tech
Until the last year, merger control in the UK has been fairly hostile towards tech deals, with a highly interventionist competition authority taking an uncompromising line on global deals; even where those deals had only a limited nexus to the UK. The EU has generally taken a more pragmatic approach, clearing Google’s acquisition of Fitbit…
Technology Industry Trends and M&A Outlook in the EU and UK, Part 1: The New Regulatory Landscape for Tech
Technology-focused deals are driving many of the largest global M&A and strategic transactions—whether digital infrastructure, artificial intelligence (AI), digital services or gaming. The successful execution of these transactions and ultimate success of the business opportunities promised by them, depends on understanding how emerging technology, regulation and market norms are evolving. In this three-part blog series,…
Data Centers: Emerging Risks and Insurance Coverage Considerations
In a new post by Covington’s Insurance Recovery Group, we discuss the explosive growth of artificial intelligence and cloud computing that has made data centers indispensable to modern business operations, and the complex insurance risks and coverage issues emerging alongside this rapid expansion.
Harnessing the complementary power of AI and Quantum Computing
Artificial Intelligence (“AI”) continues to command attention as today’s prominent technological asset, revolutionizing key markets and sectors. Simultaneously, discussions of another advanced technology known as quantum computing have gained traction. Because both technologies expand the universe of problems that can be tackled by computers, one might wonder, if we have AI, do we also need…
Italy Adopts Artificial Intelligence Law
On September 23, 2025, the Italian law on artificial intelligence (hereinafter, “Italian AI Law”) was signed into law, after receiving final approval by the Italian Senate on September 17, 2025.
The law consists of varied provisions, including general principles and targeted sectoral rules in certain areas not covered by the EU AI Act. The Italian…
California Governor Signs Landmark AI Safety Legislation
On September 29, California Governor Gavin Newsom (D) signed into law SB 53, the Transparency in Frontier Artificial Intelligence Act (“TFAIA”), establishing public safety regulations for developers of “frontier models,” or large foundation AI models trained using massive amounts of computing power. TFAIA is the first frontier model safety legislation in the country to…
Senator Cruz Unveils AI Framework and Regulatory Sandbox Bill
On September 10, Senate Commerce, Science, and Transportation Committee Chair Ted Cruz (R-TX) released what he called a “light-touch” regulatory framework for federal AI legislation, outlining five pillars for advancing American AI leadership. In parallel, Senator Cruz introduced the Strengthening AI Normalization and Diffusion by Oversight and eXperimentation (“SANDBOX”) Act (S. 2750), which…
California Lawmakers Advance Suite of AI Bills
As the California Legislature’s 2025 session draws to a close, lawmakers have advanced over a dozen AI bills to the final stages of the legislative process, setting the stage for a potential showdown with Governor Gavin Newsom (D). The AI bills, some of which have already passed both chambers, reflect recent trends in state AI…