Close Menu
Invest Intellect
    Facebook X (Twitter) Instagram
    Invest Intellect
    Facebook X (Twitter) Instagram Pinterest
    • Home
    • Commodities
    • Cryptocurrency
    • Fintech
    • Investments
    • Precious Metal
    • Property
    • Stock Market
    Invest Intellect
    Home»Stock Market»Trump allies draft AI order to launch ‘Manhattan Projects’ for defense
    Stock Market

    Trump allies draft AI order to launch ‘Manhattan Projects’ for defense

    July 17, 20245 Mins Read


    Former president Donald Trump’s allies are drafting a sweeping AI executive order that would launch a series of “Manhattan Projects” to develop military technology and immediately review “unnecessary and burdensome regulations” — signaling how a potential second Trump administration may pursue AI policies favorable to Silicon Valley investors and companies.

    The framework would also create “industry-led” agencies to evaluate AI models and secure systems from foreign adversaries, according to a copy of the document viewed exclusively by The Washington Post. The framework — which includes a section titled “Make America First in AI” — presents a markedly different strategy for the booming sector than that of the Biden administration, which last year issued a sweeping executive order that leverages emergency powers to subject the next generation of AI systems to safety testing.

    Employees from the America First Policy Institute, a nonprofit led by Trump’s former chief economic adviser Larry Kudlow and other ex-Trump officials, have been involved in the effort, according to a person familiar with the matter, who spoke on the condition of anonymity to discuss the private plans.

    In preparation for this week’s Republican National Convention in Milwaukee, the GOP adopted a platform that includes repealing the Biden AI executive order, which some tech investors and start-ups have said creates a regulatory burden that stifles innovation. The GOP is taking that tack amid a broader political realignment in Silicon Valley, where some executives and investors who once embraced former president Barack Obama have come out in support of Trump.

    “We will repeal Joe Biden’s dangerous Executive Order that hinders AI Innovation, and imposes Radical Leftwing ideas on the development of this technology,” the GOP platform says. “In its place, Republicans support AI Development rooted in Free Speech and Human Flourishing.”

    GET CAUGHT UP

    Stories to keep you informed

    The framework provides an early look at what potential policies Republicans would pursue to replace the Biden executive order.

    In response to a request for comment from The Post, the Trump campaign shared a link to a 2023 blog post, which said “no aspect of future presidential staffing or policy announcements should be deemed official” unless they come directly from Trump or an authorized member of his campaign team.

    America First Policy Institute spokeswoman Hilton Beckham said in a statement that the document does not represent the organization’s “official position.”

    “AFPI does not coordinate with or represent any candidate or campaign,” Beckham said. “We receive thousands of policy ideas from across the country each month. This document is an example of those ideas.”

    Greater military investment in AI probably stands to benefit tech companies that already contract with the Pentagon, such as Anduril, Palantir and Scale. Key executives at those companies have supported Trump and have close ties to the GOP.

    At the same time, the conservative Heritage Foundation has also been drafting potential new AI policies as part of Project 2025, a blueprint for how a potential second Trump term could overhaul the federal government. The Trump campaign has distanced itself from the plan, which includes several policies that aim to spur AI research and development in the United States and limit China’s access to the technology.

    In the chaotic aftermath of the attempted assassination of Trump, key tech executives and investors — including Tesla CEO Elon Musk and hedge fund manager Bill Ackman — have endorsed Trump for president. Their support is the latest sign that a possible second Trump administration would have a friendlier relationship with the tech industry. During his time in the White House, Trump maintained close ties to venture capitalist Peter Thiel and some key executives within the former PayPal CEO’s orbit but often clashed with other tech titans over immigration policies and social media rules.

    Trump has been making greater overtures to Silicon Valley in recent weeks, appearing on the “All-In Podcast,” which is hosted by a group of prominent tech investors, and attending a fundraiser at the home of podcast co-host and former PayPal executive David Sacks. Sacks is scheduled to speak on behalf of Trump at the convention in Milwaukee.

    On the podcast, Trump said he had heard from Silicon Valley “geniuses” about the need for more energy to fuel AI development to compete with China.

    In an on-air discussion after the interview, the tech investors said Trump needed to surround himself with people who were smart about technologies, including AI and nuclear power. Chamath Palihapitiya, founder of the venture capital firm Social Capital, said Trump’s San Francisco fundraiser showed he enjoys greater support in the tech industry than he had in 2016.

    “There are all these people that are coming out of the woodwork,” Palihapitiya said. “If he can figure out how to build a Cabinet with those people — meaning these extremely technical, thoughtful people — then there’s a real shot that you could change it.”

    Elizabeth Dwoskin and Nitasha Tiku contributed to this report.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Stock Markets in 2025: Year of the Reboot

    Stock Market

    6 Ultra-High-Yield Dividend Stocks for Safe Income in 2026 and Beyond

    Stock Market

    Dow, S&P 500, Nasdaq Rise; Nike, DJT, Oracle, Nvidia, Tilray, More Movers

    Stock Market

    How five global cities set the pace for technology in 2025

    Stock Market

    Understanding Proprietary Technology: Types, Benefits, and Examples

    Stock Market

    Why is Truth Social owner Trump Media merging with a fusion energy firm? | Mergers and acquisitions

    Stock Market
    Leave A Reply Cancel Reply

    Top Picks
    Precious Metal

    Donald Trump lance sa « gold card » pour inciter « les gens riches » à s’installer aux États-Unis

    Stock Market

    Utilities Up as Shutdown Spurs Defensive Demand — Utilities ROundup

    Investments

    Generali Investments : “La Fed voudra faire preuve de prudence” -Le 27 janvier 2025 à 16:40

    Editors Picks

    Peter Schiff Says He Discussed Bitcoin Conference Appearance In May 2025 But Isn’t Sure King Crypto Will Be A ‘Thing’ By Then

    August 19, 2024

    Freepoint Commodities Announces Renewal of Its Revolving Credit Facility at USD 2.3 Billion; Allows Growth to USD 3.2 Billion.

    June 5, 2025

    Allied Properties Real Estate Investment Trust (TSX:AP.UN) annonce un rachat d’actions pour 12 615 599 actions, représentant 9,86% de son capital-actions émis. -Le 24 février 2025 à 13:25

    February 24, 2025

    San Luis Obispo police arrest alleged copper downspouts thief

    August 16, 2024
    What's Hot

    InterRent Real Estate Investment Trust : National Bank maintient sa recommandation neutre

    May 16, 2025

    IGB Commercial Real Estate Investment Trust annonce la démission d’Elizabeth Tan Hui Ning en tant que PDG -Le 19 mars 2025 à 13:49

    March 19, 2025

    Pine Labs IPO opens Nov 7: Price band ₹210–₹221, aims ₹25,300 crore valuation

    November 3, 2025
    Our Picks

    Oil sheds China demand worries, gains 1% on weaker US dollar & drop in stockpiles; Brent nears $85/bbl

    July 17, 2024

    “I Understand Why it’s Going Up”

    September 18, 2025

    Huayuan Property évite une perte de 824,5 millions de yuans liée à la transition de son ancienne filiale

    May 4, 2025
    Weekly Top

    The 2026 Retirement Catch-Up Curveball: What High Earners Over 50 Need to Know Now

    December 22, 2025

    Congress funding collapse, BJP’s unstoppable cash…: What really changed after Electoral Bonds?

    December 22, 2025

    Gold and silver hit record highs on geopolitical tensions – Financial Times

    December 22, 2025
    Editor's Pick

    Ashish Jain, Renowned Fund Manager, Announces New Fintech

    October 29, 2024

    Chinese gold ETFs glow as investors chase metal’s historic rise amid Trump turmoil

    April 22, 2025

    Real Bedford FC gets £3.6m investment from Winklevoss twins

    February 21, 2025
    © 2025 Invest Intellect
    • Contact us
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.