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📅 End at: July 9, 16:00 UTC
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White House Encryption and AI Director: Now is the right time to build the AI industry.
Gate News bot message, David Sacks, the encryption and AI director of the White House, stated on social media that Jen-Hsun Huang, the CEO of Nvidia, predicts that by the end of this decade, annual spending on artificial intelligence infrastructure will reach $1 trillion. This will be the largest boom period in history. With the Trump administration simplifying the licensing process and adding new power generation facilities, now is a great time for construction!