Biden signs order to support AI data centers, boost economy and address energy demands

From Nasdaq: 2025-01-14 11:01:54

President Joe Biden signed an executive order to support AI data centers by leasing federal lands, aiming to meet energy demands and boost economic competitiveness. Companies must purchase American-made semiconductors for AI projects, with AI centers projected to require five gigawatts of power by 2028. The order aligns with a $30 billion investment in U.S. semiconductor manufacturing.

The executive order emphasizes the need to address critical infrastructure for AI development, supporting national security and clean energy goals. It aims to ensure the U.S. remains a leader in AI, mitigating risks from adversaries using AI for cyber and biological threats. The directive aligns AI development with clean energy, semiconductor manufacturing, and national security, setting the stage for a strong domestic AI ecosystem.



Read more at Nasdaq: Biden Executive Order to Power AI Data Centers with Federal Support