AI SAFETY MEASURES ACT

Creates the Transparency in Frontier Artificial Intelligence Act. Requires large frontier artificial intelligence developers to adopt and publish a frontier artificial intelligence framework addressing catastrophic risk management, transparency, and cybersecurity. Mandates reporting of critical safety incidents to the Attorney General and establishes civil penalties for noncompliance. Directs the Department of Innovation and Technology to review and recommend updates to definitions and standards. Creates a consortium to develop ILCompute, a public cloud computing resource that advances the development and deployment of artificial intelligence that is safe, ethical, equitable, and sustainable. Exempts specified information under the Freedom of Information Act. Makes conforming changes to the Freedom of Information Act.