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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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