President Donald Trump plans to issue an executive order this week that'll create a single set of rules for AI, forgoing the need for companies to litigate across states, the president posted on Truth Social on Monday.

The post didn't detail how the executive order would regulate AI, but the president argued that too onerous regulation would hinder the industry's growth, given increased international competition.

The White House declined to comment.

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"On the heels of Congress correctly deciding for the second time not to pass legislation that would ban states from regulating artificial intelligence, the President should recognize that this is a misguided, unpopular, and danger

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