President Donald Trump canceled the signing of a new artificial intelligence executive order on May 22. He stated the move prevents regulation from impeding United States technological dominance over China.
The proposed order would have established a federal framework to evaluate national security risks of advanced AI models before public release. This framework would have involved major firms including OpenAI, Anthropic, and Google.
The reversal removes a significant near-term regulatory risk for the tech industry. Market sentiment shifted positive for AI infrastructure and development companies following the decision.
This move favors the accelerationist wing of the AI debate, which advocates for rapid development to maintain a competitive edge. The decision coincides with strong upcoming earnings expectations for NVIDIA.
Anthropic is also reportedly in talks to lease Microsoft's custom Maia AI chips. This move would diversify its computing resources beyond NVIDIA.