Under the new rules, the departments of Defense and Energy will each identify at least three sites where the private sector can build AI data centers.

President Joe Biden has signed an ambitious executive order on artificial intelligence that seeks to ensure the infrastructure needed for advanced AI operations like data centers can be built quickly

Under this Executive Order, AI companies can apply to lease federal land from the DoD and DoE to build AI data centers.

President Joe Biden signed an executive order on Tuesday to provide federal support to address massive energy needs for fast-growing advanced artificial intelligence data centers, the White House said.

The government already leases federal lands for energy production, including fossil fuel exploration and renewable energy projects. Under the executive order, by February 28th, the Secretary of Defense and Secretary of Energy are supposed to find at least three sites each to host new AI data centers on land that their departments manage.

The Biden administration is proposing a new framework for the exporting of the advanced computer chips used to develop artificial intelligence, an attempt to balance national security concerns about t

The latest selloff in Nvidia and other chips stocks could prove short-lived, with the incoming Trump administration likely to take a more relaxed approach to AI controls.