Parmy Olson, Columnist

The White House’s AI Plan Is a Gift to Silicon Valley

Trump does a solid for Big Tech and maybe China.

July 24, 2025 at 11:09 AM UTC

Parmy Olson is a Bloomberg Opinion columnist covering technology. A former reporter for the Wall Street Journal and Forbes, she is author of “Supremacy: AI, ChatGPT and the Race That Will Change the World.”

Jensen Huang at the White House AI event yesterday. — Jensen Huang at the White House AI event yesterday.
Photographer: Chip Somodevilla/Getty Images North America

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The world’s best known artificial intelligence accelerationists have been in Silicon Valley. Now there’s one sitting in the White House.

President Donald Trump’s AI Action Plan, launched Wednesday, represents a great loosening of rules around the ChatGPT boom. It’s an ambitious screed aimed at keeping America ahead in the race for AI supremacy. “China” is named only twice in the 23-page document, but it may as well have been in the title. The Trump administration is also making a highly optimistic bet that it can stay ahead by continuing to sell advanced chips to the country.