Trump on AI: "Whatever it takes" to lead the world

• Tech leaders including NVIDIA CEO Jensen Huang and Advanced Micro Devices CEO Lisa Su appeared at an event hosted by the All-In podcast and the Hill & Valley Forum to unveil the plan.
• Top level cabinet officials also participated in panels including Vice President JD Vance, Commerce Secretary Howard Lutnick and Treasury Secretary Scott Bessent.

What they're saying: "Today we take historic action to re-assert the future, which belongs to America," Trump said. "America is going to win the AI race... we're going to work hard and we're going to win it."

• "From this day forward it'll be a policy of the United States to do whatever it takes to lead the world in artificial intelligence."
• Trump touched on copyright concerns, which are not mentioned in the Action Plan: AI needs to be allowed to use material for training without worrying about compensating each individual author, Trump said.
• "We need to have a single federal standard, not 50 states," regulating AI, Trump said. "We can't have a state with standards so high that it is going to hold you up."

Earlier in the day, AI Czar David Sacks previewed more action on preemption of state level action.

• "We weren't ready to declare a policy yet in the action plan, but I think it's something that's gonna have to be looked at over the next year or so," Sacks said.
• OSTP Director Michael Kratsios meanwhile emphasized Congress' role. "A lot of the preemption discussion revolves around what Congress can or can't do. So we don't necessarily lean hard on that. We focus on things we can accomplish, right?"
• Sen. Ted Cruz, who championed an effort to stop state level AI moratorium but faced too much opposition from both sides of the aisle, was in the crowd during Trump's speech.

What's next: Trump will sign three executive orders related to the AI Action Plan.