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Top AI CEOs convince Trump to drop federal AI oversight plan amid huge AI investments.

Market News
17 Sep 2026
24/7 Wall Street
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Bullish
Top AI CEOs convince Trump to drop federal AI oversight plan amid huge AI investments.

Meta's Zuckerberg, SpaceX's Musk, and NVIDIA's Huang each separately persuaded President Trump to abandon a proposed federal AI oversight body that could have regulated AI model deployment. They argued the oversight would favor dominant players like OpenAI and Google, limiting competition. All three CEOs highlighted their massive investments in AI infrastructure, with Meta, SpaceX, and NVIDIA reporting strong revenue growth tied to AI. The move signals continued rapid AI development with less federal regulation, while industry watchers await White House advisor David Sacks' influence on future AI policy.

The coordinated call by Zuckerberg, Musk, and Huang to oppose AI regulation highlights the ongoing influence of tech giants in shaping policy. On Pluang as of Sep 17, 2026 23:15 WIB, Meta trades at USD 678.40, up 0.76% for the day, while SpaceX is stronger at USD 154.49 with a 2.39% gain. Nvidia also sees a solid rise, priced at USD 218.77 and up 2.28%, reflecting investor interest in AI-driven companies amid evolving regulatory debates.

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