Trump Says AI Could Be 'Bigger Than the Internet' as He Pushes Light-Touch Regulation
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The White House plans to release new AI regulatory standards next week, retracting Trump's previous promise of "light regulation."
According to Beating's monitoring, the Trump administration's "light regulation" approach to AI is facing serious challenges. The Financial Times reports that the White House will release a set of voluntary standards for the release of cutting-edge AI models as early as next week. These standards aim to set benchmarks for models with top-tier cybersecurity capabilities and establish a release timeline to regulate future release processes. The Center for AI Standards and Innovation and the National Security Agency (NSA) will play key roles in standard setting and oversight. Last month, the Trump administration's direct intervention in two major AI labs triggered industry chaos and anger: Anthropic's latest model was subject to export controls on June 12 due to concerns about misuse and cybersecurity, and was only unbanned this Tuesday; OpenAI was required to release GPT-5.6 only to a government-selected population, with a wider release expected as early as next week; Google is also communicating with the government before releasing a new generation of coding models with stronger cybersecurity capabilities. Although Trump promised to ease regulations so that American companies could outperform their Chinese counterparts, the potential risks of new models exploiting security vulnerabilities and disrupting key industries are forcing the White House to accelerate the tightening of security measures.
Trump: FIFA wasn't told what to do; FIFA President Vantino is a smart man.
Odaily Odaily reports that US President Trump stated that he didn't tell FIFA what to do, and that FIFA President Vantino is a smart man who requested a review of Balogun's red card. FIFA made the right decision; the referee's decision on Balogun's red card was truly terrible. (Jinshi)
Before Musk could comment, SpaceX president donated 2 million shares, marking the largest corporate donation to the "Trump account."
According to Mars Finance, on July 6th, SpaceX President Gwyneth Shotwell announced on Monday that she and her husband will donate 2 million shares of SpaceX stock to the "Trump Account" program, one share each to over 2 million American children. Based on the current share price of approximately $160, this is worth about $320 million. This move comes just days after Trump publicly predicted that SpaceX would participate in the program. She stated that the donation will target children aged 11 to 17 from lower-income families, with a focus on recipients near her home in central Texas. Previously, Michael Dell and his wife pledged $6.25 billion, Micron Technology pledged $250 million, and BlackRock, Intel, JPMorgan Chase, and others pledged to match their donations at a rate of $1,000 each. Trump previously told CNBC that he expected Musk to also donate SpaceX stock, saying, "I think he will," but Musk has not yet publicly responded. Trump also said his relationship with Musk remained strong, describing the previous disagreements as "a minor friction."
US President Trump activates Trump account
PANews reported on July 6 that US President Trump launched the Trump account. President Trump praised the account in a speech at the White House.
Trump pushes for CLARITY Act passage alongside crypto leaders
Donald Trump spoke from the White House on Wednesday, urging the Senate to pass a crypto market structure bill to keep the country “ahead of China.”
The US Independence Day amnesty targets three groups, potentially becoming a new tool for Trump to win over the public.
According to BlockBeats, on July 3rd, the 250th anniversary of American independence, the White House is discussing a proposal to grant a presidential pardon to 250 people. It is understood that "President Trump will be the final decision-maker for all pardons." This news has sparked heated discussions in the community: if the pardon proposal passes, who should be pardoned? Some analysts point out that the 250th anniversary pardon list should emphasize symbolic and public interest dimensions, highlighting the image of "merciful America" or correcting cases considered "weaponized justice." In the actual decision-making process, lobbying, political loyalty, public attention to high-profile cases, and potential economic, diplomatic, and presidential benefits will all be important considerations. Therefore, white-collar/financial criminals; reformed, non-violent criminals; and criminals involved in high-profile/symbolic cases or "politically/policy-related" cases are the three groups most likely to be pardoned. Based on publicly reported cases, applications, prediction markets, and historical discussions, BlockBeats has compiled the following list of individuals involved in highly controversial federal cases: White-collar/Financial Criminals: Former FTX executive Ryan Salame and FTX founder SBF are undoubtedly worthy of serious consideration by Trump. Since his second election, Trump has consistently portrayed himself as a crypto supporter, and given his continued need for substantial crypto community support during his midterm elections, Ryan Salame and SBF are undoubtedly top contenders for the pardon. Other media reports indicate that Jho Low, a key figure in the 1MDB multi-billion dollar misappropriation case, has reached an asset recovery agreement with the U.S. Department of Justice and has therefore been included on the pardon list. Rapper Pras Michel, convicted of lobbying efforts related to the 1MDB scandal, is also under consideration. In addition, businesswoman Elizabeth Holmes, embroiled in the largest tech fraud case in history for founding the blood testing company Theranos, is also a hot topic in the community. Goodly Rehabilitated, Non-violent Offenders: Nicole Daedone was convicted of conspiracy to force labor by a federal court and sentenced to nine years in prison for founding OneTaste. OneTaste reportedly promoted wellness programs such as "orgasm meditation," and was accused of forcing employees (including women) to participate in sexually related labor and "intimate practices" under the guise of "volunteer work," creating a systematic forced labor environment. Nicole Daedone's release was highly anticipated in the market. The reason is that the wellness industry background might be interpreted as a "controversial business model" rather than extreme crime, easily fitting into the "goodly rehabilitated" narrative. Political Prisoners: WikiLeaks founder Julian Assange was charged with violating the Espionage Act for publishing a large number of classified US documents (including Iraq/Afghanistan war logs and diplomatic cables). In 2024, he reached a plea agreement with the US Department of Justice (on a lesser charge) and was released, returning to Australia. Edward S