The order calls for the development of an AI action plan and sets up a process for revoking actions taken under President Biden’s previous AI executive order signed in October 2023.

President Trump signed several executive orders that include actions on artificial intelligence, cryptocurrency, recognition of the Lumbee Tribe of North Carolina, declassification of records relating to the assassinations of former President John F.

Trump vowed that the U.S. will dominate and lead the world in AI. He then signed a second executive order to form an internal working group to make crypto. Trump noted that crypto is going up under his leadership as he signed the order. "We're going to make a lot of money for the country," Trump said. A third executive order was then signed.

Newsweek is tracking the flurry of executive actions President-elect Trump is expected to sign on Monday. Follow along here.

President Donald Trump called for boosting US dominance in artificial intelligence with an executive order that demands a new policy direction for a rapidly evolving technology that’s the focus of intense competition with China.