Trump says he will not restrict AI development, and will appoint an "AI Tsar" to oversee its regulation.
1 hours ago
US President Trump stated that the United States will not hinder the development of the artificial intelligence (AI) industry, but will instead support and oversee its growth. Trump called AI the "next industrial revolution," noting its potential impact could reach 25% of U.S. GDP. He added that the U.S. currently leads other countries in the AI field and aims to maintain this advantage. Trump announced plans to establish an "AI Task Force," similar to the previously formed "Space Force," and will appoint an "AI Czar" responsible for AI affairs in the future. Trump said the government will not impose restrictive measures to curb AI innovation, but will use existing criminal and civil judicial systems to address illegal activities in the AI sector. He also mentioned that the AI industry has faced external skepticism and attacks in the past, but the government will support its development while strengthening relevant oversight.
Midnight announces its mainnet will soon enable smart contract deployment, supporting the issuance of privacy tokens.
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Universal announced it will gradually shut down its protocol, with plans to cease operations on November 17.
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MultiversX Announces Network Suspension to Prevent Vulnerability Impact from Spreading Further
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Following AKE’s sharp pump, an alleged market maker withdrew $13.83 million worth of tokens, with the activity linked to the B2 trading address.
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