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7.20.26
Wilson Sonsini Advises Straiker on Series A
On June 29, 2026, Straiker, an agentic security company, announced the completion of its Series A round, bringing its total funding to $85 million. The financing was led by Marathon Management Partners, Citi Ventures, Illuminate Financial, and Workday Ventures, with continued support from Bain Capital Ventures and Lightspeed. Other investors include GTM Capital, Rain Capital, Neva SGR, Firebolt Ventures, and Sixty Degree Ventures. Wilson Sonsini Goodrich & Rosati advised Straiker on the transaction.
Alerts
7.17.26
Illinois Enacts AI Safety and Transparency Law for Frontier AI Developers
On July 6, 2026, Illinois Governor JB Pritzker signed into law Senate Bill 315, the Artificial Intelligence Safety Measures Act (AISMA), which will require large AI developers to publicly disclose how they plan to mitigate potentially “catastrophic risks” posed by advanced frontier AI models. In a first for a U.S. state AI law, AISMA also requires covered entities to retain independent auditors to assess their compliance. The Illinois legislature otherwise largely modeled AISMA after California’s Transparency in Frontier Artificial Intelligence Act (TFAIA) (discussed in a prior alert) and New York’s Responsible AI Safety and Education Act (RAISE Act). AISMA’s provisions will become effective in two waves, with most provisions effective January 1, 2027, and AI framework and independent audit provisions effective January 1, 2028.
Alerts
7.14.26
EU Commission Publishes AI Transparency Code of Practice
On June 10, 2026, the European Commission published a Code of Practice on marking and labeling of AI-generated content (the Code) following a public consultation that took place last year. The Code is divided into two sections:
Alerts
7.10.26
The FTC After Slaughter: What Businesses Need to Understand
On June 29, 2026, the U.S. Supreme Court issued its opinion in Trump v. Slaughter, where the six-Justice majority held that appointed agency officials who wield executive power are subject to presidential removal. In so holding, the Court overruled its 1935 decision in Humphrey’s Executor v. United States, 295 U.S. 602 (1935), which for nearly a century stood for the principle that Congress can create independent agencies whose leaders can only be removed for cause.
Alerts
7.08.26
SCOTUS Ruling Calls into Question EU-U.S. Personal Data Flows
On June 29, 2026, the Supreme Court of the U.S. (SCOTUS) held in Trump v. Slaughter that the U.S. President can dismiss members of the Federal Trade Commission (FTC) at will, rather than only for cause, overruling existing precedent regarding independent agencies. This decision of domestic constitutional law could also change the rules governing transfer of personal data from the European Economic Area (EEA, which includes the 27 European Union countries plus Iceland, Liechtenstein, and Norway) to the U.S.
Newsletters
6.23.26
All Eyes on AI: Regulatory, Litigation, and Transactional Developments – Q1 2026
Wilson Sonsini is pleased to present the next edition of All Eyes on AI: Regulatory, Litigation, and Transactional Developments, which closely follows the evolving regulatory landscape for artificial intelligence (AI) in the U.S., new EU regulations for AI, international developments, litigation, recent deal highlights, firm publications, and other AI and machine learning highlights.
Bylined Articles
6.22.26
Wilson Sonsini Partners Co-Author Chapter in Third Edition of GCR Data & Antitrust Guide
Wilson Sonsini partners Cédric Burton, Deirdre Carroll, and Maneesha Mithal, along with associates Michelle Zang and Hattie Watson, and Gil Zhang and Michael Han of Fangda Partners, have co-authored a chapter in the third edition of the GCR Data & Antitrust Guide examining the accelerating convergence of data protection, competition, artificial intelligence (AI), and cybersecurity regulation across major jurisdictions. The chapter, “Regulators Target AI as Evolving Technology Threatens Fair Competition in the Digital Economy,” highlights a widespread recognition that traditional privacy and antitrust frameworks are increasingly insufficient on their own to address data-driven market power and AI-enabled competition concerns. In response, regulators are adopting a wide range of approaches, from sector-specific and self-regulatory models to highly prescriptive ex ante regimes.
Alerts
6.17.26
UK Announces Social Media Ban and Broader Online Restrictions for Users Under 16
On June 15, 2026, the UK government announced plans to introduce a social media ban for users under 16 (under-16s), alongside restrictions on features deemed harmful to minors, such as livestreaming and messaging functions, for a wider range of online services, including those in the gaming sector. These measures, which may require platforms active in the UK market to significantly alter their operations, are expected to come into force in Spring 2027.
Alerts
6.10.26
New York Legislature Passes Ban on Personalized Pricing
Last week, the New York State Legislature passed the One Fair Price Act (S.8623B/A.9349B) (the Act), a bill that prohibits businesses from using personal data—such as purchase history, browsing history, real-time location, income, or inferred household size—to generate individual prices for consumers. While the Act bans so-called “surveillance pricing,” or personalized pricing, companies may still use “dynamic pricing” algorithms, subject to a modified disclosure requirement, so long as the algorithm does not set prices based on consumer personal data. The bill now awaits the signature of Governor Kathy Hochul, who has until December 31, 2026, to act.
Alerts
6.05.26
Connecticut Updates Its Data Privacy Act, Imposing Significant New Privacy Requirements
Last month, the Connecticut legislature passed two bills that amend and expand the Connecticut Data Privacy Act (CTDPA): Senate Bill 4 (SB 4) and House Bill 5222 (HB 5222). SB 4 (which was signed into law on May 27, 2026) and HB 5222 (which amends parts of SB 4 and was signed into law on June 2, 2026) contain new requirements for businesses and data brokers operating in the Constitution State.