Trump cancels signing of AI order

President Donald Trump canceled plans to sign an executive order on artificial intelligence, citing concerns it could hinder U.S. leadership in AI technology. The proposed order aimed to establish a framework for vetting national security risks in advanced AI systems, involving collaboration with companies like Anthropic, OpenAI, and Google, amid growing cybersecurity concerns from banks and regulators." "article": "President Donald Trump postponed the signing of an executive order on artificial intelligence Thursday, stating his reluctance to adopt measures that could weaken America’s lead in AI development. The order, intended to create a voluntary framework for assessing national security risks in advanced AI systems, involved coordination with U.S.-based tech firms including Anthropic, OpenAI, and Google. Trump emphasized maintaining U.S. dominance, saying, 'We're leading China, we're leading everybody, and I don't want to do anything that's going to get in the way of that lead.'" "The directive followed heightened concerns in the banking sector about AI’s ability to exploit cybersecurity vulnerabilities. Treasury Secretary Scott Bessent and outgoing Federal Reserve Chair Jerome Powell convened an urgent meeting with Wall Street executives in April, warning them about risks posed by Anthropic’s AI model, Claude Mythos. Bessent noted that while some banks excelled in cybersecurity, others lagged, and the meeting aimed to establish best practices." "Trump had previously pledged to reverse AI safety regulations introduced by President Joe Biden, viewing AI as critical to economic growth. His administration had promoted major AI players at White House events and during a recent summit with Chinese leader Xi Jinping. However, internal divisions persist, with some allies advocating for closer collaboration with cybersecurity experts to mitigate risks. Complicating matters, the U.S. government is engaged in a legal dispute with Anthropic, which Trump had ordered federal agencies to stop using after a public clash with CEO Dario Amodei." "Critics, including computer science professor Serena Booth, highlighted the tension between pre-release testing of AI models and potential burdens on innovation. Booth noted that government scrutiny could slow development, while others argued that oversight was necessary to address cybersecurity threats. The White House has also opposed state-level AI regulations, further illustrating the administration’s fragmented approach to the issue.