Trump administration loosens AI regulations, Wade Bush: "Regulatory cloud" over AI sector dissipates, tech giants welcome "major victory"

Investment firm Wade Bush pointed out that the executive order signed by US President Trump aimed at limiting the regulation of artificial intelligence by states is seen as a "major victory" for major US technology companies, including Microsoft Corporation (MSFT.US). Analyst Dan Evans of Wade Bush mentioned in a report to clients, "This move is undoubtedly a major victory for many AI companies such as OpenAI, Alphabet Inc. Class C (GOOGL.US), Microsoft Corporation (MSFT.US), Anthropic, Meta (META.US), who have been actively lobbying to restrict AI regulation. It should be noted that if the relevant regulatory measures were implemented, it would pose a significant obstacle to the innovation, research and application of this technology on all business levels. Currently, trillions of dollars have been invested in AI infrastructure and other related technologies, and this executive order aims to simplify the regulatory process and help the US establish a dominant position in the industry. After all, more and more foreign competitors are accelerating their efforts, trying to seize the initiative and stand out in the AI revolution." Evans further added that with this executive order, doubts about whether to continue investing heavily in AI in the future have been dispelled, and the "regulatory cloud" that has been hovering over the sector's valuation has also dissipated. The order specifically instructs the US Attorney General to lead the formation of a "AI Litigation Task Force," whose core responsibility is to challenge state AI-related laws that deviate from or do not align with federal policies. Additionally, the order also requires the Secretary of Commerce to engage in full consultations with officials from other relevant departments within a 90-day timeframe, in order to "issue an assessment report on existing state AI laws, detailing clauses that conflict with federal policies and impose excessive burdens." This strategy provides strong support for the technology industry, which has long been concerned that differing state regulations are hindering the development of AI technology. Therefore, the industry has been trying to challenge state laws that conflict with overall development through litigation and threats such as cutting funds.