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Key Facts

Key PlayersGoogle, OpenAI, Anthropic, Meta, Microsoft

Top InstitutionsStanford, MIT, CMU, UC Berkeley

AI Policy StancePro-innovation, light regulation

Notable LegislationNational AI Policy Framework (Mar 2026)

Top News

US China AI talks begin as superpowers agree to establish guardrails for powerful models

The United States and China have agreed to launch formal discussions on AI governance following the Trump-Xi summit in Beijing. Treasury Secretary Scott Bessent confirmed the two AI superpowers will establish protocols to prevent non-state actors from accessing powerful AI models, marking the first official AI dialogue of Trump's second term despite ongoing competition for AI supremacy.

Policy5 sources

US China AI talks begin as superpowers agree to establish guardrails for powerful models

Policy5 sources

China threatens countermeasures as US chip equipment bill targets AI semiconductor production

China is pushing back hard against the proposed MATCH Act, legislation that would restrict Chinese chipmakers from producing AI semiconductors by limiting access to critical chipmaking equipment. Beijing has summoned U.S. diplomats, unveiled countermeasures, and is expected to raise the issue during high-level talks this week between Presidents Trump and Xi Jinping.

Policy2 sources

China threatens countermeasures as US chip equipment bill targets AI semiconductor production

Policy2 sources

FDA Chief Dr. Marty Makary Resigns After Turbulent Year of Political Clashes and Industry Backlash

Dr. Marty Makary is stepping down as FDA commissioner after just over a year marked by internal turmoil and external criticism. His tenure saw mass layoffs, conflicts over vaccine policies, and pressure from pharmaceutical executives, vaping lobbyists, and anti-abortion groups. The resignation highlights tensions between political priorities and scientific integrity at the agency.

Policy2 sources

FDA Chief Dr. Marty Makary Resigns After Turbulent Year of Political Clashes and Industry Backlash

Policy2 sources

Iran War and AI Spending Push Inflation to 3.8%, Highest Level in Three Years

U.S. inflation surged to 3.8% in April, marking the sharpest increase since 2023. The Iran war disrupted oil supplies, sending gasoline prices up 28.4% year-over-year, while AI data centers drove electricity costs higher. Supply chain disruptions and memory chip shortages tied to AI buildout are intensifying price pressures across multiple sectors.

Business2 sources

Iran War and AI Spending Push Inflation to 3.8%, Highest Level in Three Years

Business2 sources

China blocks Nvidia H200 purchases despite US approval, pushing domestic chip development

The US Commerce Department approved roughly 10 Chinese firms to buy Nvidia's H200 AI chips, but Beijing is blocking the purchases to steer investment toward domestic chipmakers like Huawei. Despite Nvidia CEO Jensen Huang joining President Trump's Beijing summit, the impasse remains, leaving billions in potential revenue frozen as the US-China tech rivalry intensifies.

Policy16 sources

China blocks Nvidia H200 purchases despite US approval, pushing domestic chip development

Policy16 sources

Commerce Department quietly removes AI security testing agreement with Microsoft, Google, and xAI

The U.S. Commerce Department has deleted webpage details about a deal allowing government scientists to test AI models from Microsoft, Google, and xAI for security flaws before public release. The May 5 announcement vanished without explanation, redirecting to a general page. The removal signals potential internal disagreement about how Washington should engage with frontier AI systems.

Policy5 sources

Commerce Department quietly removes AI security testing agreement with Microsoft, Google, and xAI

Policy5 sources

Augustus Wins OCC Approval to Build AI and Stablecoin Bank, Raising $40 Million

Augustus has received conditional approval from the Office of the Comptroller of the Currency to establish an AI-powered national bank built on stablecoins. The Peter Thiel-backed startup, led by 25-year-old CEO Ferdinand Dabitz, raised $40 million and aims to modernize cross-border payments by replacing legacy correspondent banking systems with code-based infrastructure designed for machine agents and real-time settlement.

Business5 sources

Augustus Wins OCC Approval to Build AI and Stablecoin Bank, Raising $40 Million

Business5 sources

SiamAI denies U.S. chip export violations amid $2.5 billion investigation into AI servers

Bangkok-based technology firm SiamAI has formally rejected allegations that it circumvented U.S. export restrictions to ship advanced AI servers to China. U.S. prosecutors claim at least $2.5 billion in American AI technology was illegally shipped, with more than $500 million moved between April and mid-May 2025. The case highlights growing tensions over semiconductor controls as Thailand emerges as a critical digital infrastructure hub.

Policy2 sources

SiamAI denies U.S. chip export violations amid $2.5 billion investigation into AI servers

Policy2 sources

AI emerges as top reason for job cuts, accounting for 26% of April's layoffs

Artificial intelligence drove 21,490 job cuts in April, representing 26% of all layoffs as companies shift spending from labor to AI investments. US-based employers announced 83,387 total job cuts, up 38% from March, with the technology sector leading at 33,361 cuts. Worker anxiety grows as hiring plans drop 69% and only 28% of workers feel their jobs are secure.

Business3 sources

AI emerges as top reason for job cuts, accounting for 26% of April's layoffs

Business3 sources

DOJ antitrust head warns companies against misleading on AI disruption in merger reviews

The Justice Department's antitrust chief issued a stark warning to dealmakers attempting to use artificial intelligence disruption as a legal defense during merger reviews. Acting Assistant Attorney General Omeed Assefi told companies at a New York University event that claims of AI replacing entire industries must be supported by concrete evidence, signaling heightened scrutiny of AI-related merger arguments.

Policy4 sources

DOJ antitrust head warns companies against misleading on AI disruption in merger reviews

Policy4 sources

Bernie Sanders pushes AI regulation as Trump administration considers FDA-style safety approval

Sen. Bernie Sanders is emerging as Washington's leading voice on AI risks, warning of existential threats and calling for international cooperation with China. His stance contrasts sharply with most lawmakers focused on beating China in the AI race. Now, the Trump administration appears to be shifting toward his position, with officials suggesting new AI models should require FDA-style safety approval before public release.

Policy2 sources

Bernie Sanders pushes AI regulation as Trump administration considers FDA-style safety approval

Policy2 sources

Scale AI wins $500 million Pentagon contract, five times larger than its previous military deal

Scale AI has secured a $500 million contract from the Pentagon's Chief Digital and Artificial Intelligence Office, marking a five-fold expansion from its $100 million deal signed in September 2025. The agreement supports AI integration into military decision-making and positions Scale alongside major tech firms in the Defense Department's accelerated push for AI adoption across operational workflows.

Business2 sources

Scale AI wins $500 million Pentagon contract, five times larger than its previous military deal

Business2 sources

US China plan official AI dialogue at Beijing summit as tech rivalry intensifies

The Trump Administration and Beijing are considering launching official discussions on artificial intelligence during next week's summit between President Donald Trump and Xi Jinping. Treasury Secretary Scott Bessent will lead the American side as both nations aim to address risks from erratic AI models, autonomous weapons systems, and potential cyberattacks by non-state actors.

Policy2 sources

US China plan official AI dialogue at Beijing summit as tech rivalry intensifies

Policy2 sources

AI could tackle America's $39 trillion debt crisis, but Yale report reveals a harsh trade-off

A Yale Budget Lab report finds AI productivity gains could help address the $39 trillion national debt by driving 2.5% annual labor productivity growth. However, the study warns that federal spending to support displaced workers would undermine debt reduction efforts, forcing policymakers to choose between fiscal sustainability and worker protection.

Business2 sources

AI could tackle America's $39 trillion debt crisis, but Yale report reveals a harsh trade-off

Business2 sources

FBI Director Kash Patel claims AI has prevented school shootings, but evidence remains contested

FBI Director Kash Patel claims the bureau's AI overhaul has stopped multiple school massacres and helped locate 6,300 missing children. But civil liberties advocates warn AI-powered tools introduce bias and expand government surveillance, while research shows chatbots encourage violence more often than they prevent it.

Policy3 sources

FBI Director Kash Patel claims AI has prevented school shootings, but evidence remains contested

Policy3 sources

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