President Trump is poised to unveil his artificial intelligence (AI) vision in a high-profile speech scheduled for next week, aiming to solidify America's global leadership in the field. The event, dubbed "Winning the AI Race," will occur on July 23 and is orchestrated by David Sacks, the White House AI and cryptocurrency chief, and co-hosts of the "All-In" podcast. An anonymous administration official confirmed this address will comprehensively detail an upcoming AI action plan, which originated from an executive order Trump signed shortly after taking office in January. Currently in its finalization phase, the plan is spearheaded by Sacks and White House technology advisor Michael Kratsios, incorporating extensive input from industry leaders.
Set for release by month's end, the strategy will be followed by a new executive order to implement specific policies. During his second term, Trump has emphasized accelerating US AI advancements, particularly by incentivizing private-sector investments and streamlining energy production permits. On Tuesday, he will travel to Pennsylvania to announce fresh investments in AI and energy infrastructure. Trump's interest in AI dates back to his campaign, where he pledged to dismantle "burdensome" regulations from previous administrations to unleash innovation. Shortly after assuming office, he revoked a 2023 executive order by the Biden administration that mandated broad safety testing and transparency reports for AI developers. In its place, Trump directed Sacks to craft a new policy framework, culminating in the forthcoming action plan.
In February 2025, the White House Office of Science and Technology Policy solicited industry feedback on AI priorities. Companies including OpenAI submitted detailed proposals; OpenAI advocated for federal oversight of AI legislation to replace fragmented state-level regulations. As part of a trade-off, businesses could opt to provide federal access to their AI models for security reviews and capability assessments. Elements of this suggestion appeared in Trump's comprehensive tax and spending bill, featuring a clause that would have barred states from enacting AI-related laws for a decade. Although the Senate rejected this provision, tech figures like Silicon Valley investors Marc Andreessen and Joe Lonsdale strongly endorsed retaining it. Trump also highlighted the critical need for ample energy supplies to support surging power demands from AI data centers. Data from Bloomberg New Energy Finance projects these centers will consume 8.6% of US electricity by 2035, a sharp rise from the current 3.5%. To fuel this growth, the administration is promoting expanded use of coal, natural gas, and nuclear power. Earlier this year, Trump announced a $100 billion AI data center initiative involving SoftBank Group, OpenAI, and Oracle. Further encouraging innovation, the US has lifted Biden-era export restrictions on advanced AI chips, making it easier for allies to acquire technology from NVIDIA and AMD.
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