US Government Issues Executive Orders to Foster Domestic Artificial Intelligence Development and Advancement

Trump’s AI Orders Aim to Boost US Dominance in Artificial Intelligence, Despite Controversial Provisions

In a surprising move, President Donald Trump has signed two executive orders aimed at accelerating the development and deployment of artificial intelligence (AI) in the United States. The “AI Action Plan” prioritizes American innovation, while also highlighting the need for China-free AI chips.

One of the key provisions focuses on loosening regulations to enable faster construction of data centers and chip factories. This move is expected to increase Nvidia’s revenue significantly, as major tech companies prepare to invest in these facilities.

Meanwhile, Gixel has emerged from stealth with a €5 million seed round led by Brendan Iribe, the co-founder of Oculus VR. The company is working on augmented reality (AR) optics and has already secured investment from former 20th Century Fox/RED futurist Ted Schilowitz.

Gixel’s innovative AR glasses design features curved lenses, which allows for a slim and lightweight form factor suitable for daily wear. This technology has the potential to disrupt the $50 billion AR market, making it an attractive investment opportunity.

In related news, major tech companies are pouring billions of dollars into Nvidia chips as they seek to capitalize on AI’s massive growth potential.

Source: www.forbes.com