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.

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

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.

President Donald Trump signed an executive order on artificial intelligence Thursday that will revoke past government policies his order says “act as barriers to American AI innovation.”

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.