Google, OpenAI and Anthropic are building their own regulator. According to The Information, the three labs have approached Sriram Krishnan, the former Senior White House Policy Advisor on Artificial Intelligence, to serve as chief executive of a body tentatively called the Frontier AI Standards Agency. The name is not fixed: The Information also renders it as the Standards Authority for Frontier AI. The model is FINRA, Wall Street’s industry-funded self-regulator.
Why is the choice of CEO the striking part?
Because Krishnan spent his time in government arguing against exactly this kind of institution. He served in the second Trump administration from January 2025 until June 2026. On the way out he said "there will not be an FDA for AI," arguing that a centralised agency requiring "a team of lawyers before you can get a model out" would put "sand in the gears" of the AI revolution.
The three biggest frontier labs want to build a regulator, and they want it run by someone on record opposing government regulators for AI. Read generously, that is a signal the body will be pragmatic rather than obstructive. Read sceptically, it is a signal about how much teeth it is meant to have.
What would the agency actually do?
The stated purpose is developing common standards for testing and safety across advanced AI systems, operating independently to fill gaps left by government oversight. Rather than each lab running its own evaluation approach, a shared framework would let governments, businesses and researchers compare how models were tested. OpenAI Chief Global Affairs Officer Chris Lehane confirmed in a Washington briefing on September 15 that the three labs had been coordinating on safety protocols for several weeks.
This is not the first attempt at industry coordination. Google, Microsoft, OpenAI and Anthropic launched the Frontier Model Forum in July 2023 with broadly similar aims. What is different here is the FINRA framing, which implies a body with membership, verifier status and some enforcement function rather than a research consortium.
What has not been answered
- No founding charter, budget, or membership list has been published
- No stated powers to actually halt a model launch
- Who funds it, and whether verifier status requires paying the founding three
- What formal role, if any, NIST or the US National Labs would have in the testing pipeline
- Whether Anthropic or Google publicly confirm participation on their own terms, rather than the story landing through OpenAI-adjacent channels
Krishnan has not publicly accepted. His answer, plus a founding charter or CEO announcement before year end, is what would distinguish a live self-regulator from a trial balloon.
Why the timing is not subtle
This surfaced the same week Amodei and Altman told the UN Security Council that the industry urgently needs global oversight, and the same week Australia disclosed that an OpenAI agent breached a government health portal and took three months to report it. Announcing a self-regulator while asking the UN for regulation is a coherent strategy if you want to shape the rules before someone else writes them. Whether a body funded by the three companies it oversees can credibly discipline them is the question that will follow this wherever it goes.
Original reporting by The Information.




