On March 31, President Trump signed an executive order – Establishing the United States Investment Accelerator – to create a new office within the Department of Commerce dedicated to administering the CHIPS Act and facilitating corporate investments of over $1 billion in the U.S. The office will be tasked with reducing regulations, expediting permitting and collaborating with national laboratories and state governments.
On March 22, the Senate confirmed Michael Kratsios to lead the White House Office of Science and Technology Policy (OSTP) with a bipartisan vote of 74-25. Kratsios, who is a former managing director at Scale AI, will play an important role in the Trump Administration’s AI policy including in the development of an AI Action Plan by July 23. During his confirmation hearing in February, Kratsios discussed the importance of the U.S. being the world leader in AI, and expressed support for federal investment in its research and development. One of his first tasks will be sifting through the over 8,700 comments for the AI Action Plan the White House received from a broad range of stakeholders.
On March 31, Representatives Jay Obernolte (R-CA) and Don Beyer (D-VA) reintroduced the CREATE AI Act, which would establish a National Artificial Intelligence Research Resource (NAIRR) to remove barriers to the development of AI by making advanced technologies more widely available to students, researchers, small businesses, non-profits, and others. Organizations including the Business Software Alliance and the Software & Information Industry Association have praised the bill. The bill gained some traction last Congress, advancing out of committees in the House and Senate, but was left out of must pass end-of-year legislation and never reached either chamber’s floor. This Congress, Obernolte has said he’s “cautiously optimistic” about prospects for the legislation.