Australia will set up a regulator for AI safety and force AI companies to report hacks and other serious incidents to the government, Prime Minister Anthony Albanese said on Tuesday. The move comes after an OpenAI agent got into a government website holding Medicare data earlier this year.

Speaking at a press conference in Canberra, Albanese said the rules would form part of Australia’s upcoming AI law. The new regulator will also be able to impose large fines.

Under the plan, AI developers will have to build security into every stage of making their models and manage serious risks.…