• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Biden Seeks to Strengthen US in AI with New Order

user avatar

by Giorgi Kostiuk

a year ago


US President Joe Biden has initiated measures to foster the development of AI infrastructure within the country, enhancing security and enabling new technology utilization.

Advancing AI in the US

The White House described AI technology as a game-changer across sectors such as healthcare, transportation, and education. "AI is too important to be offshore," stated the release. The order gives the Department of Defense and the Department of Energy authority to lease federal land for gigawatt-sized AI data centers.

AI is too important to be offshore

Conditions for Developers

Companies utilizing federal lands are required to cover all costs associated with building and operating AI infrastructure, and ensure connection to clean energy resources. Agencies must expedite permitting processes, while the Department of Defense will conduct environmental analyses. Developers are required to pay prevailing wages and source local semiconductors.

Ensuring Sustainable Development

Companies working in the sector are obliged to adhere to US regulations. There are plans to examine the impact of AI data centers on electricity prices. IT giants like Google and Microsoft explore alternative energy sources to mitigate environmental impact.

Agencies will identify further opportunities to support expeditious permitting at these sites, such as by applying or establishing categorical exclusions.Joe Biden

President Biden's order aims to develop national AI infrastructure, which should bolster economic growth and technological advancement in the US.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Market Shows Signs of Weakness Despite Positive Sentiment

chest

Market shows signs of weakness despite positive sentiment in the crypto derivatives market.

user avatarKaterina Papadopoulou

Crypto expert forecasts optimistic outlook for Dogecoin.

chest

A crypto analyst, Crypto Patel, predicts a bullish future for Dogecoin, suggesting a potential rally towards $2 based on historical market patterns.

user avatarMaya Lundqvist

Other Crypto-Related Stocks Suffer Losses

chest

Other crypto-related stocks experienced significant losses in recent trading sessions, with BitMine and Sharplink falling 46.2% and 61.4%, respectively.

user avatarLeo van der Veen

Binance Being Examined for Possible Breaches of Sanctions.

chest

Senator Richard Blumenthal has raised concerns about Binance's potential involvement in facilitating violations of US and international sanctions related to Iran.

user avatarLi Weicheng

US Treasury Targets Iranian Crypto Exchanges with New Sanctions

chest

The US Treasury has announced new sanctions targeting Iranian crypto exchanges, including Nobitex, to combat the regime's use of digital assets for evading international restrictions.

user avatarAisha Farooq

Democrats Raise Alarm Over DOL's Crypto Investment Proposal for 401k Plans

chest

Democratic lawmakers raise concerns over a DOL proposal allowing 401k investments in cryptocurrencies, warning it could risk $142 trillion in retirement savings.

user avatarTenzin Dorje

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.