Menu

Search

  |   Technology

Menu

  |   Technology

Search

Trump Issues Order to Solidify U.S. Dominance in AI Innovation

Trump Issues Order to Solidify U.S. Dominance in AI Innovation. Source: The White House from Washington, DC, Public domain, via Wikimedia Commons

President Donald Trump signed an executive order on Thursday to reinforce the United States as a global leader in artificial intelligence (AI). The directive aims to advance innovation by removing regulatory barriers while ensuring AI systems are free from "ideological bias or engineered social agendas."

The order tasks top advisors in science, technology, and national security with creating a comprehensive action plan within 180 days. This plan will outline strategies to develop AI aligned with national security, economic competitiveness, and human welfare. Additionally, the Office of Management and Budget (OMB) has 60 days to update policies to reflect the administration’s AI-first strategy.

The directive revokes Executive Order 14110, signed in October 2023, which prioritized “safe, secure, and trustworthy” AI. It mandates a review of existing AI policies, instructing federal agencies to eliminate or revise rules that may hinder innovation or conflict with the new approach.

Complementing this initiative, Trump announced a $500 billion joint venture, named Stargate, to establish AI infrastructure in the U.S. The project includes major tech players like OpenAI, Microsoft (NASDAQ:MSFT), Oracle (NYSE:ORCL), NVIDIA (NASDAQ:NVDA), SoftBank (TYO:9984), and others. It plans to construct AI data centers and power facilities in Texas over four years, significantly boosting U.S. AI capabilities.

This order reflects the administration’s focus on maintaining America’s competitive edge in emerging technologies and securing its global AI leadership.

  • Market Data
Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.