US President Donald Trump and executives from major technology companies have reached an agreement on regulating artificial intelligence (AI). Trump described the agreement as “morally binding.” The announcement came after a meeting at the White House with representatives from technology companies. As the pressure to address the risks AI poses to humanity grows, the Trump administration is facing increasing demands for regulation. President Trump stated that AI companies will be capable of self-regulation. Rejecting calls for stricter safeguards, he emphasized that regulation will be “broadly self-imposed.”
Previously, President Trump declared that no joint AI ventures would be conducted with China, remarking that doing so would be akin to revealing secrets to America’s chief economic competitor. On Tuesday, OpenAI unveiled a new AI assistant called ‘Dots,’ which claims to actively work on behalf of users. At an event held in San Francisco, OpenAI CEO Sam Altman described ‘Dots’ as an “extraordinarily capable and always-active agent that can perform virtually any task you can imagine.” The event took place while President Trump was dining with technology sector leaders and House Speaker Mike Johnson at the White House.
Trump reiterated the need for AI companies to self-regulate. He discussed plans to form a 10-member committee within the industry, which he believes will foster “broad self-regulation.” In response to public incidents involving security breaches by AI models, some researchers and company leaders have called for slowing the pace of AI development. “We need to adopt a middle path,” Altman told reporters on Tuesday. “I hope our industry will adopt more thoughtful and practical policies.” Altman declined to name any specific companies or leaders. Both OpenAI and Anthropic are expected to go public on stock markets in the coming months, with Anthropic likely to list this year and OpenAI planned for 2027. Altman expressed his willingness to sell shares of his company publicly. “I believe it would be detrimental to the world if OpenAI goes public too late. I want people to share in the benefits AI can bring.” Both companies have clearly stated their belief that AI poses significant risks to public infrastructure and safety.
