Economy

Trump signs executive order to boost US leadership in AI

Investing.com– President Donald Trump signed an executive order on Thursday, aimed at strengthening the United States’ position as a global leader in artificial intelligence (AI).

The order sets the stage for new policies to advance innovation while removing what the administration views as unnecessary barriers.

According to the order, published on the White House website, the U.S. must build AI systems free from “ideological bias or engineered social agendas.” The goal is to maintain America’s dominance in AI while fostering economic competitiveness, enhancing national security, and promoting human flourishing.

The order tasks top officials, including the President’s advisors on science, technology, and national security, to draft a detailed action plan within 180 days. This plan will outline steps to develop AI systems aligned with the administration’s goals. The administration emphasized the importance of clear, streamlined government policies in achieving these objectives.

The new directive revokes the previous Executive Order 14110, signed in October 2023, which focused on “safe, secure, and trustworthy” AI. It mandates a review of existing AI policies to identify and eliminate rules that may hinder innovation or conflict with the new approach. Agencies are instructed to suspend, revise, or rescind such policies wherever necessary.

In addition, the order tasks the Office of Management and Budget (OMB) with updating related directives to align with the new AI-focused strategy within 60 days.

The order reflects the administration’s emphasis on bolstering the U.S.’s competitive edge in emerging technologies. Trump framed the move as critical to ensuring the nation remains a leader in AI innovation in the global landscape.

Trump had unveiled a $500 billion joint venture, named Stargate on Tuesday, to develop a new artificial intelligence infrastructure in the U.S. The investment will be used to build extensive AI data centers and electricity generation facilities in Texas over the next four years, significantly bolstering the nation’s AI capabilities.

The project involves OpenAI, Oracle Corporation (NYSE:ORCL), SoftBank Group Corp. (TYO:9984), Microsoft Corporation (NASDAQ:MSFT), NVIDIA Corporation (NASDAQ:NVDA), and other tech leaders as investors.

This post appeared first on investing.com

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