Trump, major AI firms reach voluntary agreement on AI regulation

US President Donald Trump and leaders of major AI companies have agreed on a voluntary agreement concerning the regulation of artificial intelligence. The agreement was announced by President Trump and House Speaker Mike Johnson after a meeting with tech company representatives at the White House.

The agreement comes amid growing pressure on the administration to address the risks AI could pose to humanity. It places the primary responsibility for AI safety and risk control on the companies themselves.

Under the agreement, companies will adopt internal risk reviews, external audits and multi-layered oversight systems while training and operating frontier models. President Trump called the agreement "morally binding" and said companies would monitor one another.

Rejecting renewed calls for government-mandated safeguards, he claimed this would lead to "widespread self-regulation." In a conversation with Axios, Trump signalled that Director of National Intelligence J. Clayton could be appointed as a new "AI czar." Clayton, who heads 18 intelligence agencies, is Trump's chief intelligence adviser. Trump said he wished to announce a name for the position within the next three to four days.

He had previously rejected any joint venture with China in the AI sector. OpenAI on Tuesday unveiled a new AI assistant called "Dots."