President Trump has signed an executive order mandating the creation of a comprehensive AI action plan within 180 days to enhance America's global dominance in artificial intelligence. David Sacks, a former PayPal executive, has been appointed to lead this initiative. The order aims to revoke barriers to AI innovation and review existing AI regulations. Additionally, Trump announced a $500 billion AI infrastructure project called Stargate, expected to create over 100,000 jobs in the U.S.