• 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

2 years 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

Ethereum's Price Stalls Amid ETF Optimism and Regulatory Uncertainty

chest

Ethereum's price rebound has stalled as traders assess the impact of ETF optimism against a backdrop of regulatory uncertainty and weaker risk appetite in the crypto market.

user avatarDiego Alvarez

SEC to Focus on DeFi Safe Harbors in New Regulations

chest

The SEC's proposed regulations will focus on creating safe harbors for decentralized finance (DeFi), a complex area for regulators.

user avatarKenji Takahashi

T Rowe Price Enters Active Crypto ETF Market with Multi-Asset Offering

chest

T Rowe Price has launched an active multi-asset crypto ETF, including Bitcoin, Ethereum, BNB, and Solana, aiming for a diversified investment approach.

user avatarGustavo Mendoza

Stablecoin Policy Emerges as Key Issue in Crypto Legislation

chest

Stablecoin regulations are becoming a critical point of contention in the broader legislative debate surrounding digital assets.

user avatarMaria Fernandez

Dogecoin's Market Activity Shows Signs of Caution

chest

Dogecoin is currently in a consolidation phase as trading volume fades and risk appetite weakens among traders.

user avatarRajesh Kumar

Solana Faces Critical Support Test at $77 Amid Market Volatility

chest

Solana's price is testing a significant support level of $77 amidst broader market selling pressure.

user avatarMiguel Rodriguez

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.