Trump Says He’ll Sign Executive Order Curbing State AI Rules

President Donald Trump has authorized Nvidia Corp. to sell its H200 artificial intelligence chips to approved customers in China, reversing a previous export ban due to national security concerns. This decision was influenced by the competitive landscape, particularly Huawei's advancements in AI technology, which presented a comparable performance to Nvidia's offerings.

Burkay Gur, CEO of fal, announced that the company optimizes Nvidia chips for running AI models in audio, video, and image generation during an interview on Bloomberg Tech. This development follows fal's recent fundraising efforts, highlighting its commitment to leveraging advanced technology in generative media.

GE Vernova Inc. has announced a doubling of its dividend and an increase in share buybacks, signaling strong confidence in the future demand for natural gas-fired power generation, driven by advancements in artificial intelligence. This move reflects the company's commitment to rewarding shareholders amid a favorable market outlook.

David Bailey, CEO and Chairman of KindlyMD, predicts that half of digital-asset treasury firms (DATs) will consolidate by next year, highlighting a significant shift in the cryptocurrency sector. This statement was made during his appearance on Bloomberg Crypto, where he discussed the evolving landscape of digital assets.

President Donald Trump has authorized Nvidia Corp. to sell its H200 artificial intelligence chips to approved customers in China, reversing a previous export ban due to national security concerns. This decision was influenced by the competitive landscape, particularly the advancements made by Huawei Technologies Co. in AI technology.

Australia is set to implement a ban on social media access for individuals under the age of 16, effective December 10, 2025. This initiative aims to enhance online safety for minors amid growing concerns about the risks associated with social media usage. The move has attracted attention from various governments worldwide, including Denmark and Indonesia, who are considering similar measures.

The Trump administration has approved the export of Nvidia's H200 AI accelerators to China, contingent upon a 25% tax on sales, while restricting the most powerful models from being sold. This decision follows extensive negotiations and reflects a shift in U.S. policy regarding technology exports to China.

Donald Trump has announced plans to issue a one-rule executive order aimed at establishing a unified federal framework for artificial intelligence (AI), arguing that state-level regulations are stifling innovation. This move comes amid growing concerns over the competitive landscape of AI technology and the implications of varying state laws.