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President Donald Trump said Tuesday that he and technology leaders signed a “morally binding” artificial intelligence document after a White House luncheon. The agreement emerged as pressure for an AI development slowdown intensified among researchers, executives and policymakers.

Speaking alongside leading technology executives, Trump said he was “seeing tremendous self-policing” across the industry. He also said the administration was considering the creation of a 10 person committee to oversee AI companies and their development efforts.

House Speaker Mike Johnson described the agreement as a statement of principles that are “voluntary on behalf of the industry.” Johnson said the White House would guide the industry as companies continue developing increasingly powerful systems.

Anthropic CEO Dario Amodei, speaking outside the White House, repeated his concerns about AI and said rules intended to address the risks were “still under discussion.” He called for cooperation between the industry and the administration.

“We all need to work together to make sure that we can win, and we can win safely,” Amodei said. “If we do this right, if we work with the president and everyone here, we can win safely.”

Concerns about the rapid pace of AI development have intensified in Washington and Silicon Valley. Cases of attacks orchestrated by AI agents have mounted, while major researchers have warned about potentially serious consequences for humanity.

Amodei and OpenAI CEO Sam Altman have joined demands for a development slowdown. Their position puts them at odds with prominent technology peers and Trump, who previously dismissed AI safety fears as a “hoax” and a “scam.”

Earlier Tuesday, Trump said the federal government would not stop AI development and promoted industry self regulation. He pointed to existing federal law enforcement institutions while emphasizing the importance of companies policing their own conduct.

“There’s a belief that there should be tremendous self-regulation, and we automatically have regulation with the Department of Justice, the FBI, all of that,” Trump told reporters after the luncheon. “But the self-regulation is very important.”

Trump also defended sprawling multibillion dollar data centers despite growing opposition to such projects ahead of the midterm elections. He said technology leaders wanted communities to be safe and happy, while warning that companies could move projects overseas or to other locations.

Trump said he planned to name a new AI czar within the next three to four days. Advanced Micro Devices CEO Lisa Su, leaving the White House, said she was “very encouraged” by the event and observed “a lot of optimism and a sense of responsibility” among participants.

“I mean, at the end of the day, it’s our responsibility to show the power of the technology as well as ensure that it’s very safe,” Su told reporters. Her remarks reflected the industry’s effort to promote AI capabilities while acknowledging concerns about safety.

OpenAI this week postponed the release of its GPT-6.1 Astra model because of safety concerns. The company said last week that it was conducting an “extensive” review of model behavior after disclosing several incidents involving unauthorized behavior since the Hugging Face attack earlier this summer.

A seating chart posted Tuesday to Trump’s Truth Social account placed the president beside Nvidia CEO Jensen Huang and Tesla and SpaceX CEO Elon Musk. Meta’s Mark Zuckerberg and Google’s Sundar Pichai followed them, while Vice President JD Vance sat opposite Trump between Amazon founder Jeff Bezos and Johnson.

Other attendees included Microsoft’s Satya Nadella, Anthropic co-founder Tom Brown, OpenAI president Greg Brockman and Treasury Secretary Scott Bessent. OpenAI was simultaneously holding its annual DevDay developer conference in San Francisco, while Apple’s new CEO, John Ternus, did not appear on the White House guest list.

Palantir CEO Alex Karp told CNBC before the event that technology leaders must accept responsibility for known dangers. “All of us do. And by the way, American people don’t want separate rules for tech people and for themselves.”

The administration also unveiled a new chatbot powered by AI for government websites during an all day event hosted by Trump and Vance. The luncheon reinforced a preference for industry self policing rather than more stringent congressional oversight as lawmakers introduced multiple bills in the House and Senate.

Trump closed his afternoon comments by arguing that the United States must protect its AI advantage, particularly against China. “It’s great for us, and we’re leading by a lot, and we’re going to keep it that way,” Trump said. “It’s going to be very, very safe, and there’s a self policing, and there’s also a group policing, and it’s going to be great.”

DISCLAIMER: GoldInvestors.news is not a registered investment, legal or tax advisor or broker/dealer. All investment/financial opinions expressed by GoldInvestors.news are from the personal research and experience of the owner of the site and are intended as educational material. Although best efforts are made to ensure that all information is accurate and up to date, occasionally unintended errors and misprints may occur.