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  • 2 days ago
The White House plans to publish a strategy on Wednesday aimed at boosting American AI technology exports and preventing restrictive state laws from hindering its growth, according to Reuters. Under President Trump's directive, the administration will block federal AI funding to states imposing strict AI regulations and request that the Federal Communications Commission review state laws that could conflict with its policies. The plan emphasizes promoting open-source AI, expanding full-stack deployment packages, and supporting the creation of AI-enabled jobs. Trump's approach sharply contrasts with that of former President Biden, who has pursued restrictive policies aimed at preventing AI misuse and limiting the exports of advanced AI chips to China. Trump previously revoked Biden-era AI competition rules and export limitations, arguing that excessive regulation risks losing ground to China.
Transcript
00:00It's Benzinga, bringing Wall Street to Main Street.
00:02White House plans to publish a strategy on Wednesday to boost American AI technology
00:06exports and prevent restrictive state laws from hindering its growth, according to Reuters.
00:10Under President Trump's directive, the administration will block federal AI funding
00:14to states imposing strict AI regulations and ask the Federal Communications Commission
00:18to review state laws that can conflict with its policies. The plan emphasizes promoting
00:22open-source AI, expanding full-stack deployment packages, and supporting AI-enabled job creation.
00:28Trump's approach sharply contrasts with former President Biden's
00:31restrictive policies aimed at preventing AI misuse and limiting exports of advanced AI chips to China.
00:37Trump previously revoked Biden-era AI competition rules and export limitations,
00:42arguing that excessive regulation risks losing ground to China.
00:45For all things money, visit Benzinga.com.

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