With AI models becoming more powerful, they are starting to be used in more and more high-stakes scenarios. This means that an AI mistake could have significant consequences. In this question I'm considering situations in which AI actions are directly causing an incident, accident or catastrophe resulting in $1 billion of damages. If the event causes loss of life, each death counts as $10 million of damages.

The incident should be a direct consequence of the AI's decisions, actions or output. It should not have happened if the AI wasn't involved. The system at fault has to be a sufficiently advanced AI model. A traditional software bug does not count, neither does a simple narrow-purpose ML model (e.g. OCR or speech recognition).

The question concerns a single event, cumulative damage from multiple incidents doesn't count.

Examples of incidents that would qualify:

Stock market swings are generally excluded from the considered incidents, in particular the following scenarios do not qualify:

The harm caused by deepfakes/AI-generated libel is a bit of a grey area. If an AI is just used as a tool by human actors (like Photoshop), it will not count. On the other hand, if some sort of a campaign is kickstarted by humans, but is largely lead by an AI, it would qualify. I'll resolve to N/A if it's somewhere in between. (I'm open to suggestions in the comments as to how delineate this more clearly.)