White House announces executive actions on AI

Driving the news: The administration is taking the following AI-related actions, per officials:

• $140 million in funding will be granted to seven new National AI Research Institutes, bringing the total across the country to 25.
• An "independent exercise" at a major hacker event in August — with participation by Anthropic, Google, Hugging Face, Microsoft, NVIDIA, OpenAI and Stability — will provide public assessments of how well existing generative AI systems meet the Biden administration's AI Bill of Rights blueprint.
• This summer the Office of Management and Budget will release a draft policy guidance on the use of AI systems by the federal government, open to public comment.

The big picture: The moves come as Vice President Kamala Harris and other administration officials are set to meet with the CEOs of Alphabet, Anthropic, OpenAI and Microsoft.

What they're saying: "AI is one of the most powerful technologies of our time, but in order to seize the opportunities it presents, we must first mitigate its risks," a fact sheet from the White House reads.

• "Importantly, this means that companies have a fundamental responsibility to make sure their products are safe before they are deployed or made public."

Details: The White House wants to hear from companies working to advance AI on how they plan to fulfill pledges to deploy the technology responsibly, per a senior administration official.

Flashback: The administration previously rolled out a draft AI Bill of Rights and AI Risk Management Framework.