President Trump signed an executive order establishing a single federal AI regulatory framework that preempts state-level rules, aiming to centralize oversight of the rapidly growing AI industry. "The Trump administration, with the aid of AI and crypto czar David Sacks, has been pursuing a path that would allow federal rules to preempt state regulations on AI, a move meant to keep big Democratic-led states like California and New York from exerting their control over the growing industry," notes CNBC.

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