00:00It's Benzinga, bringing Wall Street to Main Street
00:02President Trump canceled plans to sign an executive order on artificial intelligence on Thursday,
00:08according to an Associated Press report. Trump said he canceled the AI executive order to avoid
00:13hindering America's lead over China and other countries in the AI race. The proposed order
00:18would have created a voluntary framework requiring companies, including Google and Anthropic,
00:22to share advanced AI models with the government before public release.
00:26The White House had been preparing the order amid concerns over AI-driven cyber attacks
00:31and national security risks. Vice President J.D. Vance said the administration wanted to remain
00:37pro-innovation while also addressing cybersecurity and privacy risks. Some Trump allies had backed
00:44stricter oversight while investors, including Marc Andreessen and David Sachs, opposed stronger
00:49regulation. For all things money, visit Benzinga.com.
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