|

US President Trump signs order to gain early access to powerful AI models

US President Donald Trump signed an executive order on Tuesday aimed at giving the government early access to powerful new artificial intelligence (AI) models. Under the proposal, AI developers would voluntarily submit new models for government cybersecurity testing before their public release.

The executive order requires key federal agencies, including the Treasury, Defense, Commerce, and Homeland Security departments, to secure agreements with AI developers to test advanced models. The order grants agencies up to 30 days to review the models before their release to the public. The directive also instructs agencies to prioritize strengthening federal cyber defense.

According to Politico, Trump had been scheduled to sign the 90-day version of the order on May 21, but he abruptly rejected that draft just hours before the Oval Office ceremony, saying he feared it would "get in the way" of US competition with China for AI supremacy.

US Dollar Price Today

The table below shows the percentage change of US Dollar (USD) against listed major currencies today. US Dollar was the strongest against the Japanese Yen.

USDEURGBPJPYCADAUDNZDCHF
USD0.05%-0.08%0.18%-0.04%-0.27%0.15%0.13%
EUR-0.05%-0.11%0.11%-0.10%-0.31%0.10%0.07%
GBP0.08%0.11%0.22%0.01%-0.16%0.23%0.16%
JPY-0.18%-0.11%-0.22%-0.21%-0.42%-0.01%-0.06%
CAD0.04%0.10%-0.01%0.21%-0.22%0.20%0.14%
AUD0.27%0.31%0.16%0.42%0.22%0.40%0.34%
NZD-0.15%-0.10%-0.23%0.01%-0.20%-0.40%-0.06%
CHF-0.13%-0.07%-0.16%0.06%-0.14%-0.34%0.06%

The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the US Dollar from the left column and move along the horizontal line to the Japanese Yen, the percentage change displayed in the box will represent USD (base)/JPY (quote).

Author

Agustin Wazne

Agustin Wazne joined FXStreet as a Junior News Editor, focusing on Commodities and covering Majors.

More from Agustin Wazne
Share:

Editor's Picks

CLARITY Act approval odds sink fast ahead of Congressional hearing
The United States (US) House Financial Services Committee’s Subcommittee on Digital Assets, Financial Technology, and Artificial Intelligence (AI) is holding a hearing titled “Building the Future of Finance: How the CLARITY Act Unlocks Innovation” on Friday.
Week ahead – Could technology earnings revive equities as geopolitical risks linger?

Oil prices rise, but the dollar posts losses as Middle East tensions persist. US earnings, the ECB and UK newsflow dominate next week’s agenda. US equity markets face a pivotal test as focus shifts to technology earnings.

-0.4%: Why the biggest CPI drop since 2020 couldn't buy back a single cut

The June CPI fell 0.4% on the month, the largest one-month decline since April 2020, dragging the annual rate to 3.5% from May's 4.2% and snapping a three-month acceleration streak. Core prices went nowhere, flat on the month and down to 2.6% YoY, both under consensus.