Trump’s speech and the date the plan will be announced fall on the last day of the 180-day legislative calendar established by Executive Order 14179, signed in January. Officials state that this document will bring into effect a comprehensive set of policies that will guide both the public and private sectors.

Priorities for Artificial Intelligence Becoming Clear

The Trump administration is approaching artificial intelligence not merely as a technological issue, but rather as a perspective that considers it within the context of economic growth, national security, and strategic advantage. According to a recent report by Reuters, Trump reiterated this approach at a special summit in Pittsburgh on July 15th, attended by technology and energy giants such as Microsoft, Meta, Alphabet, and ExxonMobil.

According to data announced at the summit, Pennsylvania alone is planning a $70 billion investment to support AI infrastructure. These investments include both next-generation data centers and energy projects to meet their growing energy needs.

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Key Pillars of the AI Action Plan

Trump’s upcoming announcement will outline the United States’ artificial intelligence policy across five core focus areas:

1. Innovation and Economic Growth:
   • Expanding the use of AI applications within federal institutions.
   • Increasing public funding for research and development activities.
   • Encouraging partnerships between universities and the private sector.
2. National Security and Digital Sovereignty:
   • Implementing measures to protect sensitive data.
   • Introducing new regulations to oversee technology transfers with rival nations like China.
3. Infrastructure and Energy Strategy:
   • Streamlining permitting processes for AI data centers.
   • Facilitating land allocation on federal property for AI-related projects.
   • Prioritizing investments in nuclear and renewable energy sources.
4. Public Trust and Ethical Standards:
   • Establishing regulations for the safe, transparent, and ethical use of AI systems.
   • Actively involving institutions like NIST (National Institute of Standards and Technology) and CAISI in the development of regulatory frameworks.
5. Workforce Transformation and Education:
   • Launching vocational training programs to prepare the workforce for the AI era.
   • Providing tax incentives and supporting corporate-backed skill development initiatives.

What Is Trump Aiming For?

Experts argue that the Trump administration’s initiative is not just a tech policy maneuver but also a strategic component of the ongoing geopolitical competition with China. By rolling back many of the AI regulations implemented under the Biden administration in 2024, Trump is reinforcing a narrative of “American supremacy” in the field of artificial intelligence.

According to sources speaking to Reuters, the plan is expected to influence not only domestic policy but also the development of international technological norms.

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The post Trump Announces Artificial Intelligence Strategy on July 23! appeared first on Coin Engineer.

Challenges of Existing AI Avatars Addressed

While AI for generating realistic videos has made significant progress, as seen with OpenAI‘s Sora video generator, challenges remain. These challenges include distorted body parts, unnatural backgrounds, and audio-visual desynchronization (lips not moving in sync with speech).

Synthesia’s latest update tackles these shortcomings. Their approach involves training the AI using real humans reading scripts in a studio environment. This process helps the AI capture accurate lip movements and deliver more natural emotional expressions.

Victor Ribarbelli, Synthesia’s CEO and co-founder, highlights a critical factor previously missing in AI avatars: “Unlike humans, avatars don’t understand what they’re saying.” This lack of comprehension resulted in a monotonous delivery, devoid of emotional connection.

In the studio, the AI was trained to respond to basic emotional prompts like “happy,” “sad,” and “frustrated.” This training allows the AI to generate the corresponding facial expressions and vocal tones for each emotion.

Multilingual and Customizable Avatars

These new “Expressive Avatars” come in over 130 languages and can provide closed captions. Additionally, Synthesia offers the option to clone a user’s voice for a truly personalized experience.

While Synthesia’s English language avatars deliver the most advanced and human-like experience, a recent test by Cointelegraph revealed a gap in quality for languages like French, German, and Spanish.

Synthesia boasts an impressive client list, including at least half of the Fortune 100 companies and over 55,000 businesses across various industries. Some notable clients include Zoom, Xerox, Microsoft, and Reuters.

A UK-Based Unicorn with a Strategic Focus

Founded in 2017, Synthesia is a UK-based company that has achieved a valuation close to $1 billion. With major backing from Nvidia, a leader in AI chip development, Synthesia has carved a niche for itself by focusing on creating business-oriented, human-like avatars.

By specializing in corporate-focused AI avatars, Synthesia avoids the intense competition witnessed in the general-purpose chatbot market, where players like OpenAI’s ChatGPT and Google’s Gemini vie for dominance.

The post Nvidia-Backed AI Startup Synthesia Releases Emotionally Expressive Avatars for Business appeared first on Coin Engineer.

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However, things are getting more complicated for FTX. According to Reuters, FTX has decided to abandon its plans to relaunch its platform due to the lack of a buyer. This decision significantly reduces the likelihood of the exchange being able to resume operations and leads to more uncertainty in the cryptocurrency sector.

As of the time of this writing, FTX exchange’s native token, FTT, is trading at around $2.75.

The decision of FTX not to relaunch its platform is a major blow to the cryptocurrency industry. FTX was one of the largest cryptocurrency exchanges in the world, and its closure will leave a void in the market.

The lack of a buyer for the exchange is also a sign of the tough times that the cryptocurrency industry is currently facing. Many cryptocurrency exchanges are struggling to remain profitable, and the collapse of FTX is a reminder that even the largest exchanges are not immune to risk.

It remains to be seen what the long-term impact of FTX’s closure will be on the cryptocurrency industry. However, it is clear that this is a major setback for the industry and will likely lead to further uncertainty and volatility in the market.

The post FTX Exchange Will Not Be Relaunched! appeared first on Coin Engineer.