The National Artificial Intelligence Advisory Committee voted in favor of AI recommendations on everything from health and education to governance and workforce.
It's unclear whether the original account, which parades as an "OFFICIAL TRUMP" account and drums up excitement for Trump's memecoin, intended to use the letters GM to denote "good morning," an extremely common phrase in crypto circles, instead of General Motors (which the original post makes no explicit mention of.)
On Monday, as DeepSeek’s recently introduced innovations wiped over $1 trillion off the value of U.S. stocks, and just days after announcing a privately funded $500 billion AI infrastructure push, President Donald Trump said DeepSeek’s rise was “a wake-up call for our industries that we should be laser-focused on competing to win.”
A Chinese AI model built on a shoestring budget has shocked Silicon Valley and presented a major challenge to Donald Trump.
Importantly, several Wall Street analysts have updated or reiterated their forecasts since DeepSeek published its research paper last week, and they all see upside in Nvidia stock from its current price of $128 per share. Gil Luria at D.A. Davidson set his target price at $135 per share, implying a 5% upside.
Trump dubs DeepSeek's new AI model a wake-up call for US tech firms. He urged them to focus on innovation to retain their competitive edge.
Donald Trump axed all that yesterday as he signed a flurry of new executive orders. One of his first actions was to rescind 78 Biden-era executive actions, including Executive Order 14110 on “Safe, Secure, and Trustworthy Development and Use of Artificial Intelligence.”
Joe Biden’s administration feared that advanced ai could secure the Chinese Communist Party (CCP) military supremacy. So America has curtailed exports to China of the best chips for training ai and cut off China’s access to many of the machines needed to make substitutes.
As China’s DeepSeek artificial intelligence app stunned both the stock market and the tech world this week, President Trump faces tough new questions over how the U.S. will compete with Beijing in the booming fields of AI and superconductor production.
President Donald Trump signed an executive order that will revoke past government policies his order says “act as barriers to American AI innovation.”