Trump AI Executive Order Pushes $500 Billion Private Sector Bet, Wall Street Hesitates
President Trump’s new executive order on artificial intelligence bypasses federal mandates entirely, instead directing the Pentagon and Commerce Department to fast-track $500 billion in private AI infrastructure contracts. Tech CEOs like Elon Musk and Sam Altman are privately lobbying for carve-outs, while Treasury yields spiked 12 basis points on fears of inflationary data center buildouts. The order’s core: zero federal funding, maximum corporate liability, and a 90-day window for compliance audits. Shareholder value now hinges on navigating regulatory whiplash, not innovation speed.