News Summary

Donald Trump unveiled an ‘AI action plan’ during an AI summit in Washington, aiming to deregulate the tech industry and promote the U.S. as an ‘AI export powerhouse.’ The plan includes three executive orders that target ‘woke’ AI, promote the export of American AI, and ease environmental rules for data centers. Major tech companies, including Nvidia, Meta, and OpenAI, have supported the plan, with Nvidia’s CEO promising a $500bn investment in U.S. AI infrastructure. In contrast, over 100 labor, environmental, civil rights, and academic groups have opposed the plan, advocating for a ‘People’s AI action plan’ to protect public interests. The tech industry’s lobbying expenditures have reached record levels, with Meta leading the way.