President Donald Trump shared an artificial intelligence plan for the U.S. to win the global AI race, removing Biden-era restrictions

The White House AI Action Plan's policies include expediting permits for data centers and promoting the export of full AI tech stack to allies.

Proposals include reducing regulations and environmental permitting but also carry on a few Biden policies. 'We will not allow any foreign nation to beat us' on AI, Trump says.

The AI Action Plan is the product of Trump's January executive order calling for the removal of barriers to American leadership in AI. The plan begins with Trump taking AI seriously, referring to it as a transformative technology akin to space flight that has the "potential to reshape the global balance of power" and describes the AI revolution as "an industrial revolution,

The leaders of America’s chip giants cheered the president’s artificial intelligence orders, which could help boost the domestic semiconductor industry.

The AI Action Plan offers a path, but not a concrete plan, for what the administration is thinking when it comes to chip export restrictions.