Colorado has created a regulatory framework for artificial intelligence with the signing of Senate Bill 24-205 into law. The bill aims to mitigate consumer harm and discrimination by setting guardrails for companies that develop and use AI. Governor Jared Polis signed the bill with reservations, expressing concerns about its potential impact on technological advancements. The law will take effect in 2026 and imposes requirements on developers and deployers of high-risk AI systems.