Donald Trump rejects calls to slow AI development to maintain competitive edge

Donald Trump has dismissed calls from tech leaders and researchers to slow down artificial intelligence development, prioritizing competition with China. The administration has revoked previous executive orders on AI safety in favor of the 'America’s AI Action Plan' and the $500 billion 'Stargate' program. This policy shift is supported by a trend of Bitcoin mining firms repurposing their infrastructure into AI data centers, with major deals involving companies like IREN, Cipher, and TeraWulf. David Sacks is overseeing both AI and crypto policy under a unified deregulation doctrine.