Tech Giants Breathe a Sigh of Relief as Trump Rolls Back AI Regulations
In a significant move, President Donald Trump has canceled the Biden administration’s 2023 executive order, which required companies developing advanced AI models to share information with the U.S. government. This decision has sent ripples of excitement through the tech industry, with Alphabet’s Google stock surging 1.3% to 198.55.
The AI Landscape: A New Era of Competition
Startups OpenAI and Anthropic are locked in a fierce battle with tech giants like Google, Meta Platforms, and others to develop more powerful large language models. These models, known as LLMs, require massive amounts of data to be trained and allow users to interact with AI systems without the need to write algorithms.
The Chip Export Conundrum
Meanwhile, the fate of Biden’s new chip export restrictions targeting China remains uncertain. The global AI chip control system prioritizes 20 U.S.-friendly countries and limits the computer processing power available to other countries. AI chipmaker Nvidia opposes the export rules, calling them “misguided” in a recent blog post.
A New Era of AI Infrastructure
In his final days as President, Biden issued an executive order directing the Department of Defense and the Department of Energy to lease federal sites for the private sector to build large-scale AI data center infrastructure. This move is expected to accelerate the development of AI technology in the United States.
Trump’s AI Czar: A Key Advisor Emerges
President Trump has named former PayPal Holdings executive and Silicon Valley venture capitalist David Sacks as his artificial intelligence and cryptocurrency czar. Sacks is an associate of Tesla and SpaceX founder Elon Musk, who has emerged as a key advisor to Trump.
Google Stock: A Bright Outlook
Google stock has gained 3.5% in 2025, building on its impressive 37% jump last year. The stock holds an Accumulation/Distribution Rating of B+, indicating strong institutional buying. With an IBD Composite Rating of 99 out of 99, Google stock is poised for further growth.
Stay ahead of the curve with the latest updates on artificial intelligence, cybersecurity, and cloud computing. Follow Reinhardt Krause on Twitter @reinhardtk_tech for expert insights and analysis.
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