25-07-2025 07:00 via theguardian.com

The real winners from Trump’s ‘AI action plan’? Tech companies

Millions spent by Alphabet, Meta, Microsoft and others appear to have paid off as president vows to cut red tapeDonald Trump’s AI summit in Washington this week was a fanfare-filled event catered to the tech elite. The president took the stage on Wednesday evening, as the song God Bless the USA piped over the loudspeakers, and then he decreed: “America must once again be a country where innovators are rewarded with a green light, not strangled with red tape, so they can’t move,
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